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Homework: Ch. 6 Homework Score: 0 of 10 pts 6 of 15 (9 complete)w E6A-26 (similar to Assume that Star Coffee Shop completed the following

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Homework: Ch. 6 Homework Score: 0 of 10 pts 6 of 15 (9 complete)w E6A-26 (similar to Assume that Star Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: iClick the icon to view the transactions.) Requirements Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing method. 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-a 1. 2. 3. Requirements 1., 2., and 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the (1) FIFO inventory costing method, (2) LI (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 Plus: Less: Cost of goods sold ross profit using the weighted-average inventory costing method. (Round weighted-average cost per est i More Info am old Jun. 1 Beginning merchandise inventory 15 units @ $ 15 each 12 Purchase 10 units@ $ 19 each 20 Sale 14 units@ $ 30 each 24 Purchase 13 units @ $ 23 each 29 Sale 21 units @ $ 30 each Print Done

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