ACC2013 Principles of Accounting A Chapter 6: Homework to turn in No. 2 (48 pts) Problem 2: ABC, Inc. had the following inventory information for the month of March. Beg Inventory 4/15 purchase 4/25 purchase Units 30 40 55 Unit Cost $15 $18 $20 On April 30, 100 units were sold for $30 each. Compute Sales, Cost of Goods Sold, Gross Profit, and Ending Inventory using FIFO, LIFO, and Weighted Average. You must show your work to receive credit. FIFO LIFO Weighted Average Sales Cost of Goods Sold Gross Profit Inventory