Question: I need help with inventory Costing Methods. FIFO: (1) Ending inventory: (2) Cost of Goods Sold: (3) Gross profit: LIFO: (1) Ending inventory: (2) Cost

I need help with inventory Costing Methods.

FIFO:

(1) Ending inventory:

(2) Cost of Goods Sold:

(3) Gross profit:

LIFO:

(1) Ending inventory:

(2) Cost of Goods Sold:

(3) Gross profit:

Moving Average:

(1) Ending inventory:

(2) Cost of Goods Sold:

(3) Gross profit:

#of units Per unit cost per unit selling price

BI 400 $40

Jan 2. Purchase 200 44

Jan 5 sale 300 $80

Jan 9 purchase 200 48

Jan 14 sale 350 90

Jan 18 purchase 200 50

Jan 21 sale 150 90

Jan 25 purchase 500 52

Jan 31 sale 450 100

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