Answer 81 Answer #2 Answer #3 Answer s4 Answer 85 Answer 6 Answer #7 Calculate cost of goods sold and ending inventory for 2018 under FIFO-LIFO and Weighted Average using a periodic inventory system. Subsequently During Cost of Goods Sold FIFO Ending Inventory FIFO Cost of Goods Sold LIFO Ending Inventory LiFO Cost of Goods Sold Weighted Average Ending Inventory Weighted Average Gross Profit FIFO . calculate the Gross Profit under FIFO for 2018 2018, B&A Company sells 470 units of inventory for $95 each. The company has the following inventory purchase transactions for 2018 Date Transaction # of Units Unit Cost Total Cost 50 anuary1 Beginning Inventory May 5 Purchase October 27 Purchase S50 $2500 350 100 500 60 70 21000 7000 $30500