Practice Problem 1 Table 1 Assume the following data for ABC Company Sales for November 2023: Beginning inventory10 units at $7 each Nov. 1 purchase15 units at $9 each Sale20 units at $15 each Nov. 2 purchase20 units at $10 each Sale12 units at $15 each Nov. 3 purchase12 units at $11 each Sale10 units at $16 each On November 30, a physical count reveals 15 units on hand. 2) Refer to Table 1. Calculate ending inventory for ABC Company Sales assuming the perpetual moving-weighted-average-cost method is being used. 3) Refer to Table 1. Calculate gross margin for ABC Company Sales assuming the perpetual moving-weighted-average-cost method is being used. 4) Refer to Table 1. Calculate ending inventory for ABC Company Sales assuming the perpetual FIFO cost method is being used. 5) Refer to Table 1. Calculate gross margin for ABC Company Sales assuming the perpetual FIFO cost method is being used