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A Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 100 units @ $45.00 per unit Mar 5 Purchase 400 units @ $50.00 per unit Mar. 9 Sales 420 units @ $95.00 per unit Mar. 18 Purchase 120 units @ $55.00 per unit Mar. 25 Purchase 200 units @ $60.00 per unit Mar. 29 Sales 160 units @ $95.00 per unit Totals 820 units 580 units Create an inventory schedule table and calculate the revenue, cost of goods sold, gross profit and inventory balance. 1 A) As the company use FIFO B) As the company use Weighted Average