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Please assist with homework questions attached below. Assume that Dunk Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: 0

Please assist with homework questions attached below.

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Assume that Dunk Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: 0 (Click the icon to view the transactions.) Requirements 1. Compute ending merchandise inventory, cost of goods sold, and gross prot using the FIFO inventory costing method. 2. Compute ending merchandise inventory, cost of goods sold, and gross prot using the LIFO inventory costing method. 3. Compute ending merchandise inventory, cost of goods sold, and gross prot 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 prot 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. Requirement 1. Requirement 2. Requirement 3. FlFO LIFO Weighted-Average Beginning merchandise inventory 380 380 380 Plus: Net purchases 0 More Info Less: Jun. 1 Beginning merchandise inventory 20 units @ Cost of goods sold 12 Purchase 4 units @ 20 Sale 10 units @ Requirement 1. Requirement 2. Requirement 3. 24 Purchase 18 units @ Now compute the gross prot under each inventory costing method. FIFO LIFO Weighted-Average 29 Sale 21 units @ Sales Revenue CostofGoodsSold ' Print H Done I Gross Prot

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