Case Defence sells smartphone cases and uses the perpetual inventory system. The following is information on...

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Case Defence sells smartphone cases and uses the perpetual inventory system. The following is information on the purchases and sales of "Defender Box" cases. On October 1, Case Defence had 40 units with a unit cost of $34. Date Oct. Oct. Oct. 12 362 Purchases Units 30 35 Sales Unit Cost Units Unit Price 35 $70 40 37 Oct. 19 40 $70 Oct. 23 50 Oct. 30 39 45 $70 Oct. 31 35 40 Required: 1. Calculate the dollar value of cost of goods sold and ending inventory for the month of October using the following methods. (Do not round intermediate calculations. Round all weighted average unit costs to two decimal places and round all other numbers to the nearest dollar.) a. FIFO b. Moving weighted average Ending Inventory Cost of Goods Sold 2. Using your calculations in Part 1, complete the following table: (Do not round intermediate calculations. Round the final answers to nearest dollar.) Case Defence sells smartphone cases and uses the perpetual inventory system. The following is information on the purchases and sales of "Defender Box" cases. On October 1, Case Defence had 40 units with a unit cost of $34. Date Oct. Oct. Oct. 12 362 Purchases Units 30 35 Sales Unit Cost Units Unit Price 35 $70 40 37 Oct. 19 40 $70 Oct. 23 50 Oct. 30 39 45 $70 Oct. 31 35 40 Required: 1. Calculate the dollar value of cost of goods sold and ending inventory for the month of October using the following methods. (Do not round intermediate calculations. Round all weighted average unit costs to two decimal places and round all other numbers to the nearest dollar.) a. FIFO b. Moving weighted average Ending Inventory Cost of Goods Sold 2. Using your calculations in Part 1, complete the following table: (Do not round intermediate calculations. Round the final answers to nearest dollar.)

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