26 Assignment Seved 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 Par 15 370 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 FIFO b Moving weighted average 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: Mar. 15: 194 units from beginning inventory Sept. 10: 176 units from the February 18 purchase 189 units from beginning inventory 28 units from the February 10 purchase 58 units from the August 21 purchase Ending Cost of Goods Inventory Sold Specific Identification 3. Using information from your answers in Parts 1 and 2. journalize the credit purchase on February 10 and the credit sale on September 10 for each of stook 3. Using information from your answers in Parts 1 and 2. journalize the credit purchase on February 10 and the credit sale an September 10 for each of a. FIFO View transaction list Journal entry worksheet