ALCE IUBU VUOSU Fall 2020A Marvin E Homework: Week #3 Chapter #6 Score: 0 of 1 pt 6 of 6 (5 complete) EF6A-26 (similar to) Assume that Wake Up Coffee Shop completed the following periodic Inventory transactions for a line of merchandise inventory: (Click the icon to view the transactions) Read the requirements Requirements 1., 2., and 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the (1) FIFO inventory costing method, (2) LIFO inventory costing method, and (3) weighted-a- (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. FIFO More Info Plus Less Cost of goods sold Jun. 1 Beginning merchandise Inventory Jun. 12 Purchase Jun. 20 Sale Jun. 24 Purchase Jun. 29 Sale 23 units @ $30 each 9 units @ $32 each 14 units @ $40 each 15 units @ $35 each 21 units @ $40 each Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 5 renaining Clear All Clear All MacBook Pro