Assume the Jump Colton Shop completed the following periode wwerty taction to atne of merchandise intary Ock the icon to view the transaction Read the G More info ch Begin by determining the inventory and cont of goods told under each of the three methode Farm Requirement Requirements FIFO LIFO Weighted Beginning mechandise -Plus Jan. 1 Beginning merchandise inventory Jun. 12 Purchase Sun.20 Sale Jun 24 Purchase Jan. 25 Sale sch 36 Print Done How canto the gross productory costing method Requirement Requirement AINING THE Sono Coffee Shoo completed the following periodic invertory teaction to a lowo wchody who Requirements 1.2., and Computing servery cost of good doo (ory cougat UFO Podcast Begin bygger and conducted Requirement Rement Requirement FIFO LIFO We Are DUH THCS Verry Plus Less Ending merchandise inventory Cost of goods sold Now compute the gross profit under each inventory costing method Requirement 1. Requirement 2 FIFO LIFO Requirement 3 Weighted Average Sales Revenue Cost of Goods Sold Gross Profit - X Requirements ve to 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) of ht1 X More info Jun. 1 Beginning merchandise inventory Jun. 12 Purchase Jun. 20 Sale ory 21 units @ $29 each 4 units @ $30 each 8 units @ $40 each 16 units @ $34 each 21 units @ $40 each Jun. 24 Purchase Jun. 29 Sale