and average. (LO7) AP P6-IIA The Baby Store had a beginning inventory on January unit. During the year, the following purchases were made d a beginning inventory on January 1 of 200 full-size strollers at a cost of $110 per Units 80 Unit Cost $111 110 108 Mar. 15 July 20 Sept. 4 Dec. 2 60 103 At the end of the year, there were 35 units on hand. The Baby Store uses a periodic inventory system Instructions (a) Determine the cost of goods available for sale. (b) During the year, The Baby Store sold the strollers for $290 per unit. Calculate the number of units sold during the year and total sales revenue. (c) Determine the cost of the ending inventory and the cost of goods sold using (1) FIFO and (2) weighted aver age. (Round the weighted average cost per unit to two decimal places.) (d) Calculate gross profit using (1) FIFO and (2) weighted average