More Info - X Jun. 1 Beginning merchandise inventory Jun. 12 Purchase Jun. 20 Sale Jun. 24 Purchase Jun. 29 Sale 15 units @ $23 each 6 units @ 526 each 14 units @ $33 each 15 units @ $29 each 16 units @ $33 each Print Done Requirements 1 1. Compute ending merchandise inventory, cost of goods sold, and gross profit using the FIFO inventory costing method 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing method 3. Compute ending merchandise inventory, cost of goods sold, and gross profit 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) Print Done wyn by Odtermining ending merchandise inventory and cost of goods sold under each of the three methods Requirement 1. Requirement 2 Requirement 3. FIFO LIFO Weighted Average Plus Less Cost of goods sold Now compute the gross profit under each inventory costing method Requirement 1. Requirement 2 FIFO LIFO Sales Revenue Cost of Goods Sold Requirement 3. Weighted Average Gross Profit