1. During July 2014, Leesburg, Inc., sold 250 units of its product Empire for $4,000. The following units were available. ( 10 marks) A sale of 250 units was made after purchase 3. Of the units sold, 100 came from beginning inventory and 150 came from purchase 3 . Determine cost of goods available for sale and ending inventory in units. Then determine the costs that should be assigned to cost of goods sold and ending inventory under each of the following assumptions: (For each alternative, show the gross margin. Round unit costs to the nearest cent and totals to dollars.) Costs are assigned under the perpetual inventory system using the FIFO method 2. Awesome Furniture uses the specific identification method of determining ending inventory and cost of goods sold. Awesome purchased 2 table(s) at $370 each, 3 tables at $375 each, and 4 tables at $380 each. What is the cost of goods sold for the month if 2 table(s) were sold that cost $370 each and 3 tables were sold that cost $375 each? ( 5 marks) 3. A company purchased 400 units for $50 each on January 31 . It purchased 150 units for $25 each on February 28. It sold a total of 300 units for $60 each from March 1 through December 31 . If the company uses the weighted-average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) ( 5 marks)