4. Determine which method wil requt in higher peotitatioy when in. of dotas ase deciming. Complete thil puention ey entering vour amawere in the tabe beits. reyute: 1-a \& b. Using FIFO, calculate ending inventory and cost of juuds sold. 1-c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are declining. Complete this question by entering your answers in the tabs below. Using FIFO, calculate sales revenue and gross profit. 4. Determine which method wil requt in higher peotitatioy when in. of dotas ase deciming. Complete thil puention ey entering vour amawere in the tabe beits. reyute: 1-a \& b. Using FIFO, calculate ending inventory and cost of juuds sold. 1-c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are declining. Complete this question by entering your answers in the tabs below. Using FIFO, calculate sales revenue and gross profit