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Homework:Week Four: Chapter 6: Exercises Save Score: 0 of 1 pt 10 of 10 (9 complete) HW Score: 87 07% 871 of 10 p E6A-26

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Homework:Week Four: Chapter 6: Exercises Save Score: 0 of 1 pt 10 of 10 (9 complete) HW Score: 87 07% 871 of 10 p E6A-26 (similar to) Question Hep Assume that Bean Town Colfee Shop completed the following peniodic inventery transactions for a line of morchandise inventory (Cick the icon to view the transactions) Requirements 1. Compute ending merchandisse 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 prot using the LIFO invertory costing method. 3. Compute ending merchandise inventory, cost of goods sold, and gross proft using the welghted-average inventory costing method (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar) - X Begin by determining ending merchandise inventory and cost of goods sold under each of the three methods More Info Requirement 1. FIFO 18 unts 9 units 13 unts 13 units 17 unts 23 each 1 Beginning mechandse inventory Jun Beginning merchandise inventory 25 each 12 Purchaser Net purchases Plus 33 ach 20 Sale Cost of goods avalable for sale Less Ending merchandise inventory 28 each 24 Purchase 33 each 29 Sale Cost of goods sold Done Pent Acivate Windows Choose from any ist or enter any number in the input eids and then cick Check Answe Check Awe Cear A parts maining

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