1-a & b. Using FIFO, calculate ending inventory and cost of goods sold. 1-c & d. Using FIFO, calculate sales revenue and gross profit. 2-a & b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c & d. Using LIFO, calculate sales revenue and gross profit. 3-a & b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c & d. Using weighted average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req la and b Req 1c and d Req 2e and b Req 2c and d Req 3a and b Req 3c and d Req 4 Using weighted average cost, calculate ending inventory and cost of goods sold. (Round "Average Cost per unit" to 4 decimal places and all other answers to 2 decimal places.) Cost of Goods Available for Sale Cost of Goods Sold-Weighted Average Cost Ending Inventory-Weighted Average Cast Cost of Weighted Average Cost Number of units Average Cost per Unit 56 Goods Available for Sale 2.608 + Number of units Average Cost per Unit Cost of Goods Sold Number: of units Average Cost per Unit Ending Inventory Beginning Inventory Purchases April 07 136 6.800 July 16 206 10.018 October 06 116 6.264 Total 514 S 51 8900 S 26.670 442 51.8000 S 22.030 7205 518900 S 3736 000 Req 2c and d Req 3c and d >