Fill in the missing numbers in the inventory schedule using the fifo inventory valuation method for the month .this company uses the perpetual inventory system 38cmid=1071690&page=23a) Fill in the missing numbers in the inventory schedule using the first in, first out (FIFO) inventory valuation method for the month. This company usesthe perpetual inventory system.Do not enter dollar signs or commas in the input boxes.Round all answers to 2 decimal places.For transactions 4 and 5, always put the previously purchased items in the first row and put the newly purchased items in the second row.Inventory ScheduleTransaction#1#2#3#4#5DescriptionOpening BalancePurchase from CDE Co.COGS = $Sale to QRS Co.Sale to FGH Co.Purchase from LMN Co.Sale to VUW Co.PurchasesQuantityc) What is the total value of ending inventory?Ending Inventory = $270b) What is the total value of the COGS for the month?119$$$$$HAmount$3,510.00$1,904.00OLCQuantitySales$$40 $$$50 $52 $AmountCQuantityBalance090$$$$$Amount$0$1,170.00A &

Name: Fill in the missing numbers in the inventory schedule using the fifo i
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Fill in the missing numbers in the inventory schedule using the fifo inventory valuation method for the month .this company uses the perpetual inventory system 38cmid=1071690&page=23a) Fill in the missing numbers in the inventory schedule using the f