I dass assignment Chapter 9 Answer the following problems completely (show your formulas) and upload your answers back to Ampeducator. The pleasant meadows restaurant uses frozen ground beef packed in 10-pound poly bags for many of its soup and casserole items. The per-beg purchase cost of all bags received in January was $30. Use the following information to calculate the value of ground beef inventory at the end of January: January 1 January 31 17 bags Inventory Count Ending Inventory 28 bags $30.00 $28.00 1. There were 37 bags purchased (delivered during January a. Calculate the value of ground beef inventory using the FIFO method b. Calculate the value of ground beef inventory using the LIFO method c. Calculate the value of ground beef inventory using the actual cost method (proper inventory rotation was used) d. Calculate the value of ground beef inventory using the weighted average method 2. Use the following information to calculate the inventory value of canned tomatoes: Beginning inventory Purchases 50 cans @ $5.00 per can 25 cans @ $6.50 per can 40 cans Ending inventory a. How many cans were sold during the month? b. Use the FIFO method to calculate value of inventory c. Use the LIFO method to calculate value of inventory d. Use the weighted Average method to calculate value of inventory 10)