ES _ 3 PR7-1A FIFO perpetual inventory opt? The beginning inventory at Fani Party Supplies and data on purchases and sales for three-month period ending March 31, 2016, are as follows: Date Transaction Uni Total Jan, 1 Inventory Rp60,000 Rp 150,000,000 10 Purchase 68,000 510,000,000 28 Sale 120,000 450,000,000 30 Sale 120,000 150,000,000 Feb. 5 Sale 120,000 60,000,000 10 Purchase 70,000 ——_1,260,000,000 16 Sale 125,000 1,125,000,000 28 Sale 125,000 1,062,500,000 Mar. 5 Purchase 71,600 1,074,000,000 14° Sale 125,000 1,250,000,000 25 Purchase 72,000 180,000,000 30 Sale 125,000 1,093,750,000 Instructions 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibit 4, using the first-in, first-out method. ,PR7-3A Periodic inventory by two methods OBJ. 2,3 The beginning inventory for Fani Party Supplies and data on purchases and sales for 1 three-month period are shown in Problem 7-1A. Instructions 1. Determine the inventory on March 31, 2016, and the cost of goods sold for the thre month period, using the first-in, first-out method and the periodic inventory systen 2. Determine the inventory on March 31, 2016, and the cost of goods sold for the thre: month period, using the weighted average cost method and the periodic inventor system. Round the weighted average unit cost to the nearest cent.