Hh1.Account During the year, Rosenberg Incorporated has the following inventory transactions.Number ofUnits26313636129DateJanuary 1March 4June 9November 11TransactionBeginning inventoryPurchasePurchasePurchaseBeginning InventoryPurchases:March 04June 09November 11TotalFor the entire year, the company sells 99 units of inventory for $36 each.Required:1-a & b. Using FIFO, calculate ending inventory and cost of goods sold.1-c & d. Using FIFO, calculate sales revenue and gross profit.2-a & b. Using LIFO, calculate ending inventory and cost of goods sold.2-c& d. Using LIFO, calculate sales revenue and gross profit.3-a & b. Using weighted-average cost, calculate ending inventory and cost of goods sold.3-c & d. Using weighted-average cost, calculate sales revenue and gross profit.4. Determine which method will result in higher profitability when inventory costs are declining.Complete this question by entering your answers in the tabs below.Req 1a and b Req 1c and d Req Za and b Req 2c and d Req 3a and b Req 3c and dUsing FIFO, calculate ending inventory and cost of goods sold.FIFOCost of Goods Available for SaleCost ofGoodsAvailablefor SaleNumber Cost perof units unit26 $31 $36 $36 $12928 $272624$7288379368643,365Unit TotalCont$728837Cost$28272624SCost of Goods SoldNumber Cost perof units unitReq 18 and b936864$3,365$ 27$ 26$24Cost ofGoodsSold$ 28 $0000Req 4Ending InventoryNumber Cost Endingof units per unit InventoryReq 10 and d >

Name: Hh1.Account During the year, Rosenberg Incorporated has the following
Uploaded: 2024-03-20T06:32:37.000Z
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Description: Hh1.Account During the year, Rosenberg Incorporated has the following inventory transactions.Number ofUnits26313636129DateJanuary 1March 4June 9November 11TransactionBeginning inventoryPurchasePurchasePurchaseBeginning InventoryPurchases:March 04June