K Speedy, a regional convenience store chain, maintains milk inventory by the galion. The first month's milk purchases c (Click the icon to view the purchases and sales) Isales at its Flushing, Michigan, focation follow Read the penent Requirement 1. Dewmine the amount that would be reported in ending merchandise inventory on May 15 using the FIFO Inventory costing method Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction Once I of the transactions have been entered into the perpetual record, calculate the quantly and total cost of marchandine invertory pu at the und of the period (Enter at amounts to the nearest cent, XXX Enter the eldest inventory layers first) Purchases Unit Cost of Goods Sold Total Un Total Inventory on Hard Unk Total Date May 2 Quantity Cost Co Quantity Cost Cost Quantity Cost Cost 13 Requirements 1. Determine the amount that would be reported in anding merchandise inventory on May 15 using the FIFO inventory costing method 2. Determine the amount that would be reported in ending marchandise inventory on May 15 using t FO inventory costing method 3. Determine the amount that would be reported in ending manchandisentory on May 15 using the weighted average leventery casting method (Round all amounts to the nearest centXXXX) Totals 14 Print Done