More info Acsume that Smooth Saling Tim Store complotsd the following perpetual invartary tansactions for a Ine of tima: (1) (Olik the icon to vew the tranactions.) Fasd the nequimenorts Rbqurement 1. Compule cost of goods sold and goes proft ueing the FIFO invortary costing method. 5 Campute goss proft using the FIFO invenbory coeting mothod. Gross profit is | |using the FFO invantory oosting mothod. Fisqurement 2. Compule cost of goods sold and greas proft uaing the LFO inventory oocting mothod. Bogin by compuling the cost of goods sold and cost of ending manchandise inventory using the LIFO invortary costing [ Campute gross proft using the LIFO invortary costing method. Gross proft is using the LIFO invantary costing mathod. Bogin by compuling the cost of poods sold and cost of ending manchandise inverbory using the wighthd-swernge inv! Computa grass proft using the weightod-svernge invertory oosting mothod. Groes profit is sing the woightod-avarage inventory oceting mothod