Requirements 1. Compute cost of goods sold and gross profit using the FIFO inventory 2. Compute cost of goods sold and gross profit using the LIFO inventory 3 Compute cost of goods sold and gross profit using the weighted-average costing method. costing method. inventory costing method. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Which method results in the largest gross profit, and why? 4. PrintDone