Current Attempt in Progress The following information relates to Sage Hill Ltd.'s inventory transactions during the month of August. All of the units sold were priced at $3,000 per unit. (a) Your answer is incorrect. Sage Hill Ltd. uses the perpetual inventory system. Calculate Sage Hill's cost of goods sold, gross margin, and ending inventory for the month of August using: i. FIFO ii. Weighted-average (Round calculations for cost per unit to 4 decimal places, e.g. 10.5219 and final answers to 2 decimal places, e.g. 61,052.50.) eTextbook and Media Attempts: 2 of 3 used