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Save all 16 Problem 6-7A Gross profit comparisons and cost flow assumptions-perpetual LO2, 3 Ontario Skateboard Company has the following Inventory and purchases during the fiscal year ended December 31, 2020 20 pois Beginning Inventory March 10 purchased March 20 Sold Hay 13 purchased August sprchased September 10 sold 310 units S 3/sit 212 units PS 8/unit 360 units $123/unit 274 units e$ 80/unit 265 units $ /unit 567 units $17/unit DO Wences Ontario Skateboard Company employs a perpetual inventory system Required: 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 weighted average all unit costs to two decimal places.) Ending Inventory Cost of Goods Sold FIFO Moving waged average Ronal Required: 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 weighted average all unit costs to two decimal places.) Ending Inventory cost of Goods Note FIFO b Moving weighted average 2. Using your calculations from Part1 complete the following schedule: (Do not round Intermediate calculations. Round the final answers to 2 decimal places. Round weighted average all unit costs to two decimal places.) Moving Weighted Average Sales Cost of goods sold Bross profit