Question: 5. Using the table below, please journalize the transactions using Merchandise Inventory. Date Units Cost Total 3/1/2020 2,300 4.30 $ 9,890.00 3/5/2020 2,700 4.90 $

5. Using the table below, please journalize the transactions using Merchandise

5. Using the table below, please journalize the transactions using Merchandise Inventory. Date Units Cost Total 3/1/2020 2,300 4.30 $ 9,890.00 3/5/2020 2,700 4.90 $ 13,230.00 3/15/2020 2,600 5.10 $ 13,260.00 3/23/2020 2,400 10.20 $ 24,480.00 6. Using the table found in question 5 please tell George which inventory system would give the highest COGS and lowest COGS. Please show your work

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