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20: (8 Poluts) We dig out the following for Company for the month of May. The company was FIFO and the perpetual method of inventory Date Description Units / S May 1 Beg Inventory 150 units 510.00 Purchase 220 units @ $12.00 Sale 140 units @ $20.00 Purchase 100 units 513.00 Sales 90 units $21.00 May 5 May 10 May 15 May 24 Calculate the following for the entire Month of May Sales Revenue 130 Cost of Goods Sold 1600 4430 Gross Profit Ending Inventory (80x 50) +(30) = 4240 1. Busch sales A OSHO ? Jao@ 140 0 100 (20) update here! 1000 40 60 DO @ 30 do 12 and Inv 21: (8 Points) We dig out the following for Company B for the month of May. The companyes LIFO and the perpetual method of inventory Date Description Units / S May 1 May 5 May 10 May 15 May 24 Beg. Inventory Purchase Sale Purchase Sales 150 units @ $10.00 220 units @ $12.00 140 units @ $20.00 100 units @ $13.00 90 units @ $21.00 Calculate the following for the entire Month of May Sales Revenue Cost of Goods Sold Gross Profit Ending Inventory 22 (8 Points) We dig out the following for Company B for the month of May. The company uses Weighted Average and the perpetual method of inventory. Rond to 2 decimal places if necessary Date Units: May 1 May s May 10 May 15 May 24 Description Beg. Inventory Purchase Sale Purchase Sales 150 units @ $10.00 220 units@ $12.00 140 units @ $20.00 100 units @ $13.00 90 units $21.00 Calculate the following for the entire Month of May Sales Revenue Cost of Goods Sold Gross Profit Ending Inventory SJ

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