ANSWER EVERY SINGLE QUESTION PLEASE

5. Three identical units of Item K113 are

purchased during July, as shown below. Item

K113 Units Cost July 9 Purchase 1 158 17

Purchase 1 179 26 Purchase 1 186 Assume that

one unit is sold on July 31 for $255. Determine

the ending inventory on July 31 using the

average cost method. (Round to the nearest

whole dollar)

6. Three identical units of Item K113 are

purchased during July, as shown below. Item

K113 Units Cost July 9 Purchase 1 159 17

Purchase 1 175 26 Purchase 1 188. Assume that

one unit is sold on July 31 for $258. Determine

the gross profit for July using the average cost

method. (Round to nearest full dollar).

7. Beginning inventory, purchases, and sales for

Item CSW15 are as follows: August 1 Inventory

106 16 9 Sale 92 16 Purchase 125 20 25 Sale 77.

Assuming a perpetual inventory system and

using the first-in, first-out (FIFO) method,

determine the Cost of Merchandise Sold in

August.

8. Beginning inventory, purchases, and sales for

Item CSW15 are as follows: August 1 Inventory

106 16 9 Sale 92 16 Purchase 133 24 25 Sale

84. Assuming a perpetual inventory system and

using the first-in, first-out (FIFO) method,

determine the inventory value on August 31.

9. Beginning inventory, purchases, and sales for

Item MMM8 are as follows: November 1 Inventory

109 16 9 Sale 94 16 Purchase 134 17 25 Sale

84. Assuming a perpetual inventory system and

using the Last-in, first-out (FIFO) method,

determine the inventory value on November 30.