Question: Please answer the following on a Microsoft document if possible: The following is an analysis of the Inventory of Kellys Krystals: Units Unit Cost Total

Please answer the following on a Microsoft document if possible:

The following is an analysis of the Inventory of Kellys Krystals:

Units Unit Cost Total

Nov 1 Beginning Inventory 5,000 $5.00 $25,000

Nov 5 Purchases 4,500 $8.50 $38,250

Nov 10 Purchases 2,000 $10.00 $20,000

Nov 20 Purchases 2,500 $12.50 $31,250

Total 14,000 $114,500

During the year, Kellys sold 9,500 units. Calculate Ending Inventory and Cost of Goods

Sold using the following methods:

1.) a. Average Method b. First-in, First-Out c. Last-in, First-Out

2.)If Kelly sells her Krystals for $18 each, what is the GROSS PROFIT Under all 3Methods?

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