ing FIFO, calculate ending inventory and cost of goods sold. For the entire year, the company sells 90 units of inventory for $34 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods 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. 2c& 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 weighted-average cost, calculate sales revenue and gross profit, (Round answers to 2 decimal places . For the entire yeat, the company sells 90 units of inventory for $34 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1.c& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using UFO, 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 profitablilty when inventory costs are declining. Complete this question by entering your answers in the tabs below. Using FIFO, calculate sales revenue and gross profit. For the entire year, the company sells 90 units of inventory for $34 each. Required: 1-a \& b. Using FFFO, calculate ending inventory and cost of goods sold. 1c&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 gbss 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 LIFO, calculate sales revenue and gross profit. 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1c& d. Using FIFO, calculate sales revenue and gross profit. 2& 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. Determine which method will result in higher profitability when inventory costs are declining. Determine which mothod will result in Nigher profitabilify when inventory costs are declining Complete this question by entering your answers in the tabs below. Using LIFO, calculate ending inventory and cost of goods sold. During the year, Hooker Incorporated has the following inventory transactions. For the entire year, the company sells 90 units of inventory for $34 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1c& d. Using FIFO, calculate sales revenue and gross profit. 2-a & b. Using LiFO, calculate ending inventory and cost of goods sold. 2c& 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.- \& 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 ending inventory and cost of goods sold