amework During 2020, Fresh Express Company sold 2,440 units of its product on September 20 and 2,700 units on December 22, all at a price of $84 per unit Incuning operating expenses of $17 per unit sold, it began the year with and made successive purchases of the product as follows January 1 beginning inventory Purchases: February 20 May 16 December 11 Total 540 units #5 29 per unit 1,440 units 5 11 per unit 640 units s 35 3,240 units @s 36 5,860 units per unit per unit Check my work Required: Prepare a comparative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assuming the company uses a perpetual inventory system and prices its ending inventory on the basis of (a) FIFO and (b) Moving weighted average: (Round "Cost per unit" to 2 decimal places. Do not Round intermediate calculations. Round your final answers to 2 decimal places.) FRESH EXPRESS COMPANY Income Statement Comparing FIFO and Moving Weighted Average Inventory Costing Methods For Year Ended December 31, 2020 FIFO Moving Weighted Average Cost amework During 2020, Fresh Express Company sold 2,440 units of its product on September 20 and 2,700 units on December 22, all at a price of $84 per unit Incuning operating expenses of $17 per unit sold, it began the year with and made successive purchases of the product as follows January 1 beginning inventory Purchases: February 20 May 16 December 11 Total 540 units #5 29 per unit 1,440 units 5 11 per unit 640 units s 35 3,240 units @s 36 5,860 units per unit per unit Check my work Required: Prepare a comparative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assuming the company uses a perpetual inventory system and prices its ending inventory on the basis of (a) FIFO and (b) Moving weighted average: (Round "Cost per unit" to 2 decimal places. Do not Round intermediate calculations. Round your final answers to 2 decimal places.) FRESH EXPRESS COMPANY Income Statement Comparing FIFO and Moving Weighted Average Inventory Costing Methods For Year Ended December 31, 2020 FIFO Moving Weighted Average Cost