ofit using the FIFO inventory costing method. i More Info Jun. 1 Beginning merchandise inventory21 units$19 each 5 units 23 each 13 units @31 each 19 units 25 each 21 units @ $31 each 12 Purchase 20 Sale 24 Purchase 29 Sale Print Done Assume hat Jump Coffee Shop completed the following periodie Inventory transactions for a ine of menchandise inventory 1. Compute erdag merowdse mencost of goods sold, and goes prolarghe Firoinventory co strg method 2. Compute ending menhandise inventory, cost of goods sold, and gross profit uning e LiFO Inventory coating methord 3. Compute ending menchandise inventory, cost of goods sold, and gross profit using the weighted-average Inventory costing method (Round weightd-avrage ost per unit lo the nearest oant and al other amounts to the nere dr) Requirements 1,2, and 3. Compute ending merchandise inventory, cost of goods sold, and gross proft using the (1) FIFO inventory costing method, (2) LIFO inventory costing method, and (3) weighted-average invertory coating mothod. Round weighted-average cost per unit to he neareet cent and all other amounts to the nearest dollar Begin by delermining ending merchandise inventory and cost of goods sold under each of the three methods FIFO Beginning merchandise inventory Plus: Nel purchase Cost of goods available for sale Less: Ending menchandise inventory Cost of goods sold