Question: Do this sum by perpetual inventory system not in periodic system. 1 G H Company XYZ uses a perpetual inventory system and had the following

 Do this sum by perpetual inventory system not in periodic system.

Do this sum by perpetual inventory system not in periodic system.

1 G H Company XYZ uses a perpetual inventory system and had the following beginning inventory and purchases during January 2020: M 2. Cost 4 15 5 Jani Beginning Inventory Jan 17. Purchased Jan. 21 Purchased Total Goods Available for Sales Units 360 226 326 900 18 Total Cost 6,260 3,600 5,626 14,376 8 17 7 8 9 Sales of units were as follows: 10 11 235 Jan 16. Jan 29 Total Units Sold units at $30 units at $35 12 500 736 13 14 15 Additional Data for use in applying the specific identification method: The specific units sold were: 18 235 Jan 16. Jan 29. 19 95 180 245 units from the January 1units on hand units from the January 1units on hand units from the January 16 purchase, and units from the January 20 purchase 24 25 26 Using the preceding information, calculate the ending inventory and the cost of goods sold under a periodic inventory system by applying each of the three different methods of inventory costing: 1 FIFO 2. Weighted Average, and (Round answersto 2 decimal places) 3. Specific Identification Using your calculations from Part 1, record the purchase on January 17 and the sale on January 29 for each of: 1. FIFO 2. Weighted Average, and 30 31

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