units sold for $60 per unit

need help finding my gross profit

and journal entries

and also answering questions a & b

can someone check my work to make sure its correct

EX 7-3 Perpetual inventory using FIFO 08J. 2,3 Beginning inventory, purchases, and sales data for portable game players are as follows: The business maintains a perpetual inventory system, costing by the first-in, first-out method. a. Determine the cost of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 3. b. Based upon the preceding data, would you expect the ending inventory to be higher or lower using the last-in, first-out method? Purchases Cost of Merchandise Sold Inventory HomeworkPage381Ex7.3 Units Soll for \$60 por unit Endiang Env. Balance Cost of Muchuditio Sold Gorst Prott Jounal Entrics