Question: solve part 1-5 please Saved using iClou Help Saw bf5 Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for

solve part 1-5 please
solve part 1-5 please Saved using iClou Help Saw bf5 Problem 6-2A
Calculate ending inventory, cost of goods sold, sales revenue, and gross profit
for four inventory methods (L06-3, 6-4,6-5) (The following information applies to the
questions displayed below.) Greg's Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle

Saved using iClou Help Saw bf5 Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (L06-3, 6-4,6-5) (The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $175 March 5 $3,500 Sale ($250 each) 15 March 9 Purchase 10 195 1,950 March 17 Sale ($300 each) 8 March 22 Purchase 10 205 2,050 March 27 Sale ($325 each) 12 March 30 Purchase 225 1,800 59,300 8 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning Inventory and eight bikes from the March 22 purchase. Ences Problem 6-2A Part 5 5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted average cost amounts to 2 decimal places.) Specific Identification FIFO LIFO Weighted average cost Sales revenue Cost of goods sold Gross profit 5 of 9 Next > Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four Inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $175 $3,500 Sale ($250 each) March 10 195 1,950 March 17 Sale ($300 each) March 22 Purchase 2,050 March 27 Sale ($325 each) March 30 Purchase 225 1,800 $9,300 March 5 9 15 Purchase 205 8 10 12 8 For the specific identification method, the March 5 sole consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Problem 6-2A Part 4 4. Using weighted average cost, calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold Required information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $175 $3,500 March 5 Sale ($250 each) 15 March 9 Purchase 10 195 1,950 March 17 Sale ($300 each) 8 March 22 Purchase 10 205 2,050 March 27 Sale ($325 each) 12 March 30 Purchase 225 1,800 $9,380 8 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase, Problem 6-2A Part 3 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31 Ending Inventory Cost of goods sold Required information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost March 1 Beginning inventory 20 $175 $3,500 March 5 Sale ($250 each) 15 March 9 Purchase 10 195 1,950 March 17 Sale ($300 each) March 22 Purchase 205 2,050 March 27 Sale ($325 each) 12 March 30 Purchase 225 1,800 $9,300 8 10 8 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Problem 6-2A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31, Ending inventory Cost of goods sold S: Next > Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) (The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Date Transactions Units Unit Cost Total cost March 1 Beginning inventory 20 $175 $3,500 March 5 Sale ($250 each) 15 March Purchase 10 195 1,950 March 17 Sale $300 each) March 22 Purchase 205 2,050 March 27 Sale ($325 each) 12 March 30 Purchase 8 225 $9,300 9 8 10 1,800 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. ces Problem 6-2A Part 1 Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. Ending inventory Cost of goods sold

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