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i jus want all 3 answers thanks Data table data for a line of speakers (Click the icon to view the data.) Requirements 1. Determine
i jus want all 3 answers thanks Data table data for a line of speakers (Click the icon to view the data.) Requirements 1. Determine the amounts that Mus/clife should report for cost of goods sold and ending inventory in the following two ways a. FIFO b. Weighted average cost 2. Musictile usen the FFO method Prepare Musict ife's income statement for the month ended September 30, 2020, reporting gross profic Operating expenses totaded 5319 , and the income tax rate was 40% 3. Musiclife is thinking of changing inventory costing methods from FIFO to weighted-average cost Ne they allowed to make thls change? Brlefy explain. Requirement 1. Dotermine the amounts that Musictlfe should repot for cost of goods sold and ending liventery (a) Using the FFFO method, the onding inventory is 3 and the cost of goods sold is 5
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