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2. Inventory Value - use the information below to answer the following questions. On June 15h, 10 boxes of coffee were ordered at $37.60 per
2. Inventory Value - use the information below to answer the following questions. On June 15h, 10 boxes of coffee were ordered at $37.60 per box. On June 20", 5 boxes of coffee were ordered at $45.20 per box. On June 22nd, 2 boxes of coffee were ordered at 44.75 per box. From June 2310 to June 30", you sold 12 boxes worth of coffee at $62.50 per box. a. Using the weighted average method, what was the profit loss and how much was the inventory valued at the end of the day on June 30th? b. Using the FIFO method, what was the profit loss and how much was the inventory valued at the end of the day on June 30th? c. Using the LIFO method, what was the profit loss and how much was the inventory valued at the end of the day on June 30th
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