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Data Formulas Review View Home Insert Page Layout Wrap Text Calibri - 11 - - ' Copy - = == = Merge Center Paste Format Painter Alignment Font W21 D Valuation Methodo Perpetual System 1). Arab Trading Establishment uses the perpetual inventory system and had the following 4 transactions for the month of August 5 Date Transaction Units Price per Unit (In OMR) Total in OMR) 01-AU Beginning Inventory 100 5 500 2 10 Aug Purchase 75 5.85 438.75 15. AU Purchase 150 6.2 930 21 Aug Sales at retail price 285 3,420.00 24-Aug Purchase 130 6.61 858 27-Au Sales at retail price 100 12.5 19250.00 12 13 1. Compute total goods available for sale in units and in riyals) 14 2. Compute total sales in units and in tivals! 15 3). Compute the endineinventary in units 144) Compute the cost of goods sold and ending inventory using using FIFO Perpetual 17 5). Conpute gross profit using FIFO costing method 20 3)