B D G K M N 0 Q R S 1 Calculate a) cost of goods sold, b) ending inventory, and c) gross profit for A76 Company, considering the following transactions under three different cost allocation methods and assuming perpetual inventory system. 2 #Units Unit Cost Unit Sales 3 Beginning Inventory 420 $200 4 1/15 Sold 150 $401 5 2/1 Purchased 250 205 6 2/18 Sold 275 421 7 3/10 Purchased 200 215 8 3/20 Sold 260 441 9 DATE ITEM DEBIT CREDIT MI SALES CGS 10 11 FIFO Inventory CGS 12 13 Beginning Inventory 14 1/15 Sold 2/1 Purchased 16 2/18 Sold 17 3/10 Purchased 18 3/20 Sold 19 Value 20 21 22 23 24 25 26 27 28 29 30 31 32 LIFO DATE ITEM DEBIT CREDIT MI SALES CGS Inventory CGS 33 34 Beginning Inventory 1/15 Sold 2/1 Purchased 37 2/18 Sold 38 3/10 Purchased 39 3/20 Sold Value 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 WA Inventory CGS DATE ITEM DEBIT CREDIT 56 57 Beginning Inventory 58 1/15 Sold 59 2/10 Purchased 60 3/8 Sold 61 4/20 Purchased 62 5/10 Sold Value = 63 64 65 66 67 MI SALES CGS