Question: a) Fill in the missing numbers in the inventory schedule using the first in, first out (FIFO) inventory valuation method for the month. This

a) Fill in the missing numbers in the inventory schedule using the

a) Fill in the missing numbers in the inventory schedule using the first in, first out (FIFO) inventory valuation method for the month. This company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. For transactions 4 and 5, always put the previously purchased items in the first row and put the newly purchased items in the second row. Transaction Description Opening Balance Inventory Schedule Purchases Sales Balance Quantity Amount Quantity Amount Quantity Amount 50 #1 Purchase from CDE Co. 290 #2 Sale to QRS Co. $2,900.00 $ 100 $1,000.00 #3 Sale to FGH Co. $ 39 $ #A Purchase from I MN Co. 117 $1.872.00 $ #5 Sale to VUW Co. 61 $ 42 $ b) What is the total value of the COGS for the month? COGS - $ c) What is the total value of ending inventory? Ending Inventory = $

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