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Entries and Perpetual Inventory Account (FIFO) EXHIBIT 3 Item 1278 4 Cod Merchandie Solid 14.000 Cost of Merchandise Sold Date Quantity Unit Cost Total Cost Quantity Cost Cost 10 Mardandi r Account Patie 100 11.200 Inventory Unt Total Quantity Cost Cost 1000 20.00 20.000 300 2000 6000 300 20.00 6000 500 22.40 11.200 500 22.40 11,200 7341 22 Cast of Merchandise Sold Merchandiw ory 344 440 22.40 22:40 240 22.40 5,376 9,856 4400 44 Account cable 600 23.30 13.00 23.30 2 Cost of Mechani Merchandisery TO S6 ory 19,90 Merchandiw Accounts January 31 Cost of merchandise n. 1 y 30,000 $0.00 May 2 Purchase 54.000 $31.00 45,000 units Oct. 20 Purchase 21,000 $32.10 o tem the cost of merchandise for each and the int e rachse Present the data in the form ustrated in this . Houd unit cost to The fines the weighted average othed with p twee places necessary Weyergeethod Purchases Cast Merchandise EXHIBITS Entries and Perpetual Inventory Account (Weighted Average) Item 127B Jan. 4 Accounts Receivable Sales 4 Cost of Merchandise Sold Merchandise Inventory 21,000 21,000 14,000 14,000 Purchases Cost of Merchandise Sold Unit Total Quantity Cost Cost 10 Merchandise Inventory Accounts Payable 11,200 Date Quantity Unit Total Cost Cost 11 200 700 20.00 14,000 10,300 Inventory Unit Total Quantity Cost Cost 1,000 20.00 20,000 300 2 0,00 6,000 800 21.50 17,200 440 21.50 9.460 200 2150 21.50 4300 800 22.85 18280 800 22.85 18,280 10 500 22 Accounts Receivable Sales 22 Cost of Merchandise Sold Merchandise Inventory 22.40 11,200 10,800 7,740 360 240 21.50 21.50 7,740 5,160 7,740 30 31 23.30 13,980 6 00 Balances 26,900 7,200 28 Accounts Receivable Sales 28 Cost of Merchandise Sold Merchandise Inventory 7,200 5,100 5,160 Cost of merchandise sold January 31 inventory 13,980 30 Merchandise inventory Accounts Payable 13.000

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