Assume that Wake Up Coffee Shop completed the following periodic Inventory transactions for a line of merchandise Inventory (Click the loon to view the transactions Requirements 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 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) Requirements 1.2 and 3. Compute ending merchandise inventory cost of goods sold, and 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 contand alother amounts to the nearest dolar) Begin by determining ending merchandise inventory and cost of goods sold under nach of the three methods More Info Requirement 1. Requirement 2 Requirement 3 FIFO LIFO Weighted Average 1 Beginning marchandise inventory 12 Purchase 20 Sale 23 units 10 units 14 29 each 33 each 40 each S 2 Purchase 15 units 21 S S 35 each 40 anch Choose from any list or enter any number in the input fields and then continue to the next question Print Done o o rainemendandi Astha Wa Up Co She contheg Cok the icon to view the transactions) Requirements 1. Computanding merchandise w ory, cost of goods and gross profit using PFO invertory costing method 2. Computeanding merchandise inventory, cost of goods sold, and gross profit using the LIFO ventory costing method Computanding merchandiwory coste de and gross profit using the w a y og med Rounded con tent contender Cost of goods sold More info Now come the gross profit under och inventory costing method Requirement. Requirement UFO t Rese Wald Cost of Goods Sold be 12 Purchase 20 Se 24 Purcha 293 16 16 uns 21 unt $ 0ach 35 each 40 each Gross Proth Choose from any list or enter any number in the input holds and then continue to the next