FIFO Beginning Merchandise Inventory Cost of Goods Available for Sale Ending Merchandise Inventory Sales Revenue 10A. Resourceful Books has the following transactions in August related to merchandise inventory (Click the icon to view the transactions.) Read the requirements. a., b., and c. Determine the cost of goods sold and ending merchandise inventory using the (a) FIFO inventory costing method, (b) LIFO inventory costing method, and (c) weighted- average inventory costing method assuming Resourceful Books uses the periodic inventory system. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) a. b. FIFO LIFO Weighted-Average Plus: Less: Cost of goods sold Choose from any list or enter any number in the input fields and then continue to the next question. to view the transactions.) nents. I More Info termine the cost of goods sol ry costing method assuming ar.) Ventory costing to the nearest C Beginning merchandise inventory, 11 books @ $18 each Sold 7 books @ $26 each Purchased 10 books @ $22 each Aug. 1 Aug. 3 Aug. 12 Aug. 15 Aug. 20 Aug. 28 Sold 5 books @ $26 each Purchased 2 books @ $25 each Sold 5 books @ $33 each goods sold Print Done from any list or enter Requirements X sol ing Vento to th a. Determine the cost of goods sold and ending merchandise inventory using the FIFO inventory costing method assuming Resourceful Books uses the periodic inventory system. b. Determine the cost of goods sold and ending merchandise inventory using the LIFO inventory costing method assuming Resourceful Books uses the periodic inventory system. c. Determine the cost of goods sold and ending merchandise inventory using the weighted average inventory costing method assuming Resourceful Books uses the periodic inventory system. Print Done number in the input fields and then continue to the next