Problem $6-8$A Income statement comparisons and cost flow assumptions$$perpetual LO$2,3$

During $2023,$ Fresh Express Company sold $2,500$ units of its product on September $20$ and $3,000$ units on December $22,$ all at a price of $$90$ per unit. Incurring operating expenses of $$11$ per unit sold, it began the year with and made successive purchases of the product as follows:

January $1$ beginning inventory $600$ units @ $ $35$ per unit

Purchases:

February $201,500$ units @ $ $37$ per unit

May $16700$ units @ $ $41$ per unit

December $113,300$ units @ $ $42$ per unit

Total $6,100$ units

Required:

Prepare a comparative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assuming the company uses a perpetual inventory system and prices its ending inventory on the basis of $($a$)$ FIFO and $($b$)$ Moving weighted average: $($Round "Cost per unit" to $2$ decimal places. Do not round intermediate calculations. Round your final answers to $2$ decimal places.$)$