Assume that Mug Shot Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory (Click the icon to view the transactions.) More Info Jun Requirements 1 Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing meth 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing met 3 Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory the nearest dollar) FIFO LIFO Weighted Average 588 588 588 Beginning merchandise inventory 389 389 389 Net purchases Plus 977 Cost of goods available for sale 977 977 270 977 2033 Less: Ending merchandise inventory 707 0 1056 Cost of goods sold 1 Beginning merchandise inntry 12 Purchase 20 Sale 24 Purchase Now compute the gross profit under each inventory costing method Danisirement Rennement Renairement 1 Choose from any list or enter any number in the input fields and then continue to the next question Assume that Mug Shot Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: A (Click the icon to view the transactions.) Requirements 1. Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing meth 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing meth 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory the nearest dollar.) Cost of goods sold 707 1056 * More Info Jun. 28 units Now compute the gross profit under each inventory costing method. 4 units Requirement 2. Requirement 1. FIFO 1 Beginning merchandise inventory 12 Purchase 20 Sale 24 Purchase 29 Sale 12 units Requirement 3. Weighted-Average 1056 LIFO 11 units Sales Revenue 1056 1056 21 units 707 Cost of Goods Sold 0 1056 349 1056 0 Gross Profit Print Done Choose from any list or enter any number in the input fields and then continue to the next question. Assume that Mug Shot Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory (Click the icon to view the transactions.) More Info Jun Requirements 1 Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing meth 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing met 3 Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory the nearest dollar) FIFO LIFO Weighted Average 588 588 588 Beginning merchandise inventory 389 389 389 Net purchases Plus 977 Cost of goods available for sale 977 977 270 977 2033 Less: Ending merchandise inventory 707 0 1056 Cost of goods sold 1 Beginning merchandise inntry 12 Purchase 20 Sale 24 Purchase Now compute the gross profit under each inventory costing method Danisirement Rennement Renairement 1 Choose from any list or enter any number in the input fields and then continue to the next question Assume that Mug Shot Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: A (Click the icon to view the transactions.) Requirements 1. Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing meth 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing meth 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory the nearest dollar.) Cost of goods sold 707 1056 * More Info Jun. 28 units Now compute the gross profit under each inventory costing method. 4 units Requirement 2. Requirement 1. FIFO 1 Beginning merchandise inventory 12 Purchase 20 Sale 24 Purchase 29 Sale 12 units Requirement 3. Weighted-Average 1056 LIFO 11 units Sales Revenue 1056 1056 21 units 707 Cost of Goods Sold 0 1056 349 1056 0 Gross Profit Print Done Choose from any list or enter any number in the input fields and then continue to the next