25 Requirement 1. Determine the amount that would be reported in ending merchandise inventory on November 15 using the FIFO inventor Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactic the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. nearest cent, $X.XX. Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Date Quantity Cost Total Cost Quantity Unit Cost Total Unit Cost Cuantity Cost Total Cost Nov. 2 6 8 00 13 Clear all Help me solve this Etext pages Get more help