Question: Question 2 [ 3 0 points ] The Weber Inc. company has the following purchases and sales during the year ended December 3 1 ,

Question 2[30 points]
The Weber Inc. company has the following purchases and sales during the year ended December 31,2019.
\table[[Inventory and Purchases,Sales,Specific Units Sold],[Beginning: 200 units @ $108/unit,May 31: 200 units,May 31: 100 units from beginning inventory],[February 20: 200 units @ $101/unit,November 14: 200 units,100 units from the February 20 purchase],[August 28: 200 units @ $111/unit,,\table[[November 14: 70 units from beginning inventory],[40 units from the February 20 purchase],[90 units from the August 28 purchase]]]]
The units have a selling price of $150.00 per unit.
a) Given that Weber Inc. employs a perpetual inventory system, calculate the cost of goods available for sale and the number of units available for sale, as well as the units remaining in ending inventory.
Cost of goods available for sale:
Units available for sale:
Units remaining in ending inventory:
b) Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profit earned by Weber Inc. using the following systems : FIFO, LIFO, Weighted Average, and Specific Identification. Calculate weighted average cost per unit of merchandise inventory to the nearest cent.
\table[[,,,Weighted,Specific],[,FIFO,LIFO,Average,Identification]]|||
\table[[\table[[Cost of Goods Sold],[Ending Inventory],[Gross Profit]],,,]]
Question 2 [ 3 0 points ] The Weber Inc. company

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