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15 points 1 Skipped eBook Ask Pent References The Stilton Company has the following inventory and credit purchases during the fiscal year ended December
15 points 1 Skipped eBook Ask Pent References The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb, 10 Aug. 21 556 units @ $93/unit 290 units @ $90/unit 170 units $103/unit Stilton Company has two credit sales during the period. The units have a selling price of $153 per unit. Sales 15 Mar. 370 units Sept. 10 275 units Stilton Company uses a perpetual inventory system. Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using: (Do not round intermediate calculations. Round "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) Ending Inventory Cost of Goods Sold a FIFO b. Moving weighted average
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