E6A-26 (similar to) Question Help 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.) 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. 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.) 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. FIFO More Info - Plus: Jun 19 each 20 each Less: 1 Beginning merchandise inventory 12 Purchase 20 Sale 24 Purchase 17 units @ $ 12 units @ $ 13 units @ $ 15 units 19 units 33 each Cost of goods sold 24 each 29 Sale 33 each Choose from any list or enter any number in the input fields and then Print Done 5 Clear All Check Answer parts remaining