Question: Need some assistance understand these questions please Unless otherwise stated, assume that all purchases were on account and received on the dates stated. Required: (A)

Need some assistance understand these questions please

Unless otherwise stated, assume that all purchases were on account and received on the dates stated. Required: (A) Prepare a perpetual inventory record for this merchandise, using the first in, first out (FIFO) method of inventory valuation to determine BAYWEST's cost of goods sold for the quarter and the value of ending. (21 marks) (B) Given that selling, distribution and administrative costs associated with the Alcatel brand of tablets for the quarter were $42,844, $38,120 and $157,076 respectively, prepare an income statement for BAYWEST Stationery & Supplies (Alcatel) for the quarter ended September 30, 2020. I (6 marks) (C) Journalize the transactions for the month of July, assuming the company uses a: Periodic inventory system Perpetual inventory system (8 marks) (D) Wheels & Deals Limited uses 60,000 batteries each year in its production of motorcycles at a cost of $450 per battery. The cost of placing an order is $75.00. The cost of holding one unit of inventory for one year is 0.5% of the unit purchase price. Currently, Wheels & Deals Limited places 12 orders of 5,000 batteries per year. Compute the cost Wheels & Deals' current inventory policy. Is

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