Question: I need help with these questions! I've provided everything in the screenshot. The attached chart that the questions are refferring to is the chart in

I need help with these questions! I've provided everything in the screenshot.

The attached chart that the questions are refferring to is the chart in problem one on this page! Everything needed is on the page.

The answers do not have to be answered in a chart form. You can type them out! It's easier for me to understand that way.

I need help with these questions! I've provided everything in the screenshot.The

Problem 1 Doe Co. had the following inventory transactions. January 1 Beginning Inventoly 600 units @ $55 / unit January 11 Purchase 550 units @ $56 / unit F ebruaiy 13 Purchase 230 units @ $57 I unit July 21 Purchase 370 units @ $58 / unit August 5 Purchase 410 units @ $59 / unit February 15 Sales 525 units @ $100 / unit August 10 Sales # - 210 units @ $100 / unit Required: M Compute the cost assigned to ending inventmy using FIFO. M Using the attached chart, calculate the lower of cost or market for the inventory as a whole, by major category, and applied separately to each item. Problem 3 Use the attached adjusted trial balance for Doe Co. to complete the following: 1. Prepare Closing Journal Entries 2. Complete the taccount for income summary

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