A- A A := = abe X, X AA EES Edit Buy Office or sign in to activate Office if you've already bought it. QUESTION 2 (10 marks) The following data pertain to Cross Company (assume a perpetual inventory system) for the month ended January 31, 2020: Date Description Units Unit Cost Unit Selling Price Jan.1 Beg. Inventory 10 5 Purchase 10 Sale $80 16 Sale 82 20 Purchase 25 Sale 85 $50 Required: 1. Compute the cost of goods sold (4 marks) and ending inventory (2 marks) under FIFO. ANSWER ANSWER 2. Compute Gross Margin under FIFO (4 marks) ANSWER is English (CAN)