Calculate Saddlery Company's cost of goods sold, gross margin, and ending inventory using FIFO.

Cost of goods sold

Gross margin

$

Ending Inventory

eTextbook and Media

Calculate Saddlery Company's cost of goods sold, gross margin, and ending inventory using weighted$-$average. $($Round calculations for cost per unit to $2$ decimal places, e$.$g$.10\mathrm{.}52$ and final answers to $0$ decimal places, e$.$g$.61,052.)$

Cost of goods sold

Gross margin

$

Ending Inventory

$

Soft Touch Company sells leather furniture. The following schedule relates to the company's inventory for the month of April:

$\backslash$table$[[,,,$Cost,Sales$],[$April $1,$Beginning inventory,$76$ units,$$45,600,],[3,$Purchase,$50$ units,$31,650,],[5,$Sale,$28$ units,,$$30,296$