Problems GroupB all problems, assume the perpetual inventory system is used unless stated otherwise. For a P6-33B Accounting for inventory using the Learning Obj perpetual inventory system-FIFO, LIFO, and weighted-average 2. Ending Merd Fit World began January with merchandise inventory of 90 crates of vitamins that cost a rotal of $5.850. During the month, Fit W account as follows: orld purchased and sold merchandise on Jan. 2 Purchase 5 Sale 16 27 Sale 130 crates @$ 76 each 140 crates100 each 170 crates @$ 86 each 180 crates $104 each Purchase Requirements 1. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the com inventory, and gross profit