Assume that Jump Coffee Shop completed the following periodic inventory transactions for a line of merchandiso inventory: (Click the icon to view the transactions.) Read the requirements Requirements 1., 2. and 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the (1) FIFO inventory costing method. (2) LIFO Inventory costing method, and (3) weighted average Inventory costing method. (Round weighted average cost per unit to the nearest cant and all other amounts to the nearest dollar) Begin by determining ending merchandise Inventory and cost of goods sold under each of the three methods Requirement 1. FIFO Plus: Less Incorre Cost of goods sold completed the following periodic inventory transactions for a line of merchandise inventory: ansactions.) More Info Jun. 17 units @ $ 15 each 1 Beginning merchandise inventory 12 Purchase 5 units @ $ 19 each 20 Sale 14 units @ $ 37 each 11 units @ $ 23 each 24 Purchase 29 Sale 13 units @ $ 37 each Print Done Definition - ng 1. Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing method. 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing method. 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory costing method. (Round weighted- average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Print Done