Assume Ariel's Grotto limited began April 2020 with 50 units of inventory that cost $30 each. During April the store completed the following purchases; April 3 purchase 40 units at $32 per unit April 11 Purchase 30 units at $34, April 20 purchase 40 units at $35 per unit. April 25the company sole 100 units for $75

a. Compute the ending inventory and cost of good sold for April 2020 under both fifi and weighted average cost usin the periodic investory system

b Calculate the gross profit for Ariels Gretto limited for April 2020 assuming theyre using fifo for calcuating the cost inventory