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Caring Hands Ltd. is a retailer specializing in hand care products. The company donates twenty percent of its prohts to local charities. Caring Hands uses

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Caring Hands Ltd. is a retailer specializing in hand care products. The company donates twenty percent of its prohts to local charities. Caring Hands uses the periodic inventory system and the following limited information relates to Caring Hands Ltd. "sinventory transactions during the month of May Date Units Cost/Unit Amount $ 273,800 May 1 Beginning Inventory 7,400 $37 5 Sale 3,500 13 Purchase 1,600 $43 $ 68,800 17 Purchase 800 $ 44 $ 35,200 20 Sale 3,400 28 Purchase 2.400 $49 $ 117,600 30 Sale 3.900 Units sold were priced at $ 55. Calculate Caring Hands' cost of goods sold, gross margin, and ending inventory for the month of May using FIFO. Cost of Goods Sold $ Gross Margin $ Ending Inventory $ Question Part Score --/4.5 Calculate Caring Hands' cost of goods sold, gross margin, and ending inventory for the month of May using weighted average (Round calculations for cost per unit to 3 decimal places, e.g. 10.521 and final answers to O decimal places, e.g. 61,051.) Cost of Goods Sold $ Gross Margin $ Ending Inventory $

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