Java Coffee

Assume that

JavaJava

Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory:

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(Click the icon to view the transactions.)

Requirements

1.	Compute ending merchandise 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 profit using the LIFO inventory costing method.
3.	Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted-average inventory costing method. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.)

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Answer MUST be in the following format for each FIFO, LIFO, and Weighted Average. See below and enter exactly as it is shown:

ACC200-04 Fundamentals of Financial Accounting Mia Dentici & Homework: Chapter 6-Homework Save Score: 0 of 2 pts 2 of 6 (4 complete) HW Score: 34.32%, 3.43 of 10 pts E6A-26 (similar to) Question Help A More Info - X Assume that Java Coffee Shop comple (Click the icon to view the transac Requirements Commutandine morabandission Jun. 1 Beginning merchandise inventory 12 Purchase 20 Sale Requirements 1., 2., and 3. Compute costing method, and (3) weighted avera Begin by determining ending merchand 24 units @ 10 units @ 14 units @ 15 units @ 21 units @ $ $ $ $ $ 26 each 29 each 32 each 30 each 32 each costing method, (2) LIFO inventory ther amounts to the nearest dollar.) 24 Purchase 29 Sale Choose from any list or enter any nu Print 5 parts Done Check Answer remaining Score: 0 of 2 pts 2 of 6 (4 complete) HW Score: 34.32%, 3.43 of 10 pts E6A-26 (similar to) Question Help O 1. Compute ending merchandise 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 profit using the LIFO inventory costing method. 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted average inventory costing method. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Requirements 1., 2., and 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the (1) FIFO inventory costing method, (2) LIFO inventory costing method, and (3) weighted average inventory costing method. (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 Choose from any list or enter any number in the input fields and then click Check Answer. FIFO Plus: Plus: Less: Less: Cost of goods sold