Question: apter 6 Lab Saved Problem 6-7A Gross proflt comparlsons and cost flow assumptions-perpetual LO2, 3 16 Ontario Skateboard Company has the following inventory and purchases

 apter 6 Lab Saved Problem 6-7A Gross proflt comparlsons and cost

apter 6 Lab Saved Problem 6-7A Gross proflt comparlsons and cost flow assumptions-perpetual LO2, 3 16 Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31, 2020. nts Beginning Inventory March 10 purchased March 2e sold May 13 purchased August 5 purchased September 10 sold Skipped 295 units @ $ 85/unit 231 units @ $ 88/unit 341 units @ $156/unit 302 units @ $ 81/unit 239 units @ $ 71/unit 546 units @ $156/unit Ontario Skateboard Company employs a perpetual invertory system. eBook Requlred: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Round welghted average all unit costs to two decimal places.) Print eferences Ending Inventory Cost of Goods Sold a FIFO b. Moving weighted average 2. Using your calculations from Part 1. complete the following schedule. (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Round welghted average all unit costs to two decimal places.) FIFO Moving Weighted Average Sales netfandel ic Taw Prey 16 of 17 Nout

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