Question: Please do all the requirements + how to do them, Im kinda Confused? P6-28A (similar to) Exercise Planet began January with merchandise inventory of 95

 Please do all the requirements + how to do them, ImPlease do all the requirements + how to do them, Im kinda Confused?
kinda Confused? P6-28A (similar to) Exercise Planet began January with merchandise inventory

P6-28A (similar to) Exercise Planet began January with merchandise inventory of 95 crates of vitamins that cost a total of $3,800 During the mont B (Click the icon to view the transactions.) Read the requirements Requirement 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing method have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Quantity Cost Jan. 1 Cost Cost Cost 5 13 18 26 Totals Enter any number in the edit fields and then click Check Answer 6 Parts remaining Save 1 of 5 (4 complete) HW Score: 13.33%, 4 of 30 pts Question Help month Exercise Planet purchased and sold merchandise on account as follows: any's cost of goods sold ending merchandise inventory, and gross profit. thod Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction and all of the transactions nd, and on hand at the end of the period (Enter the oldest inventory layers first) Requirements - X Data Table 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold ending merchandise inventory, and gross profit 2 Prepare a perpetual inventory record, using the LIFO inventory costing mothod and determine the company's cost of goods sold, ending merchandise inventory, and gross profit Prepare a perpetual inventory record, using the weighted average inventory costing method and determine the company's cost of goods sold onding merchandise inventory, and gross profit. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar) 4. It the business wanted to pay the least amount of income taxes possible which method would it choose? 3 Jan 5 Purchase Jan 13 Sale Jan. 18 Purchase Jan 26 Sale 155 cali 57 each 160GHE 1374 | 193 crates 575 each 200 crates 5118 each Print Done Print Done Clear NI Check Ans

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