Assume that Jump Coffee Shop completed the following periodic inventory transactions for a line of merchandise 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 cent 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. Requirement 2. Requirement 3. FIFO LIFO Weighted Average Plus Less: Cost of goods sold Now compute the gross profit under each inventory costing method Requirement 1. Requirement 2. FIFO LIFO Requirement 3. Weighted Average Choose from any list or enter any number in the input fields and then continue to the next question Save for Later 11:59pm LIIT Assume that Jump Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: (Click the icon to view the transactions.) Read the requirements Duyurwy U y Ty T NI HIVYO ULOT You BUIU UN GETUI TOUS Requirement 1. FIFO Requirement 2. LIFO Requirement 3. Weighted-Average Plus: Less: Cost of goods sold Now compute the gross profit under each inventory costing method. Requirement 1. FIFO Requirement 2. LIFO Requirement 3. Weighted Average Sales Revenue Cost of Goods Sold Gross Profit Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later 11:50nm fee Shop completed the following periodic inventory transactions for a line of merchandise inventory: jew the transactions.) and 3. Compul hod, and (3) wd tory costing method, st cent and all other a Definition - X ending mercha 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 oss profit under Requirement 1. FIFO Requirement 2 LIFO Requirement 3. Weighted Average st or enter any number in the input fields and then continue to the next question. offee Shop completed the following periodic inventory transactions for a line of merchandise inventory: view the transactions.) -, and 3. Compu ethod, and (3) we Tory costing method, (2) LIF st cent and all other amour i More Info g ending mercha Jun. Beginning merchandise inventory 12 Purchase 20 Sale 24 Purchase 29 Sale 17 units @ 5 units @ 14 units @ 11 units @ 13 units @ $ $ $ $ $ 15 each 19 each 37 each 23 each 37 each Print Done ross profit under Requirement 1. FIFO Requirement 2. LIFO Requirem Weighted Average list or enter any number in the input fields and then continue to the next