Im struggling with these questions

question 1

question 2

The Shirt Shop had the following transactions for T-shirts for Year 1 its first year of operations Jan. 20 Apr. 21 Duly 25 Sept. 19 Purchased Purchased Purchased Purchased 440 units 130 units 240 units 70 units 5.9 $3,960 $11 1.430 512 2,880 910 513 During the year, The Shirt Shop sold 710 T shirts for $18 each Required o. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet assuming the following cost flow assumptions: (1) FIFO (2) LIFO, and (3) weighted average. b. Compute the difference in gross margin between the FIFO and LIFO cost flow assumptions Complete this question by entering your answers in the tabs below. Required A Required Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following con assumptions: (1) FIFO (2) LIFO, and (3) Weighted average (Round intermediate calculation to 2 decimal places and answers to the nearest whole dollar amount) FIFO LIFO Wolghted Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount) FIFO LIFO Weighted Average Ending inventory Required B > a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average b. Compute the difference in gross margin between the FIFO and LIFO cost flow assumptions Complete this question by entering your answers in the tabs below. Required A Required B Compute the difference in gros margin between the FIFO and Fo cost flow assumptions FIFO LIFO Dilence Groos margin