Case Defence sells smartphone cases and uses the perpetual inventory system. The following is information on the purchases and sales of Defender Box cases. On October 1, Case Defence had 26 units with a unit cost of $20. Purchases Sales Date Units Unit Cost Units Unit Price Oct. 3 16 21 Oct. 6 21 $ 56 Oct. 12 26 23 Oct. 19 26 $ 56 Oct. 23 36 25 Oct. 30 31 $ 56 Oct. 31 21 26 Required: 1. Calculate the dollar value of cost of goods sold and ending inventory for the month of October using the following methods. (Do not round intermediate calculations. Round all weighted average unit costs to two decimal places and round all other numbers to the nearest dollar.)

Required: 1. Calculate the dallar value af cost of goods sold and ending inventory for the manth of Octaber using the folliaving methods. (Do not round intermediate calculations. Round all weighted average unit costs to two decimal places and round all other numbers to the nearest dollac] 2. Using your calculations in Part 1, complete the faliowing tablec (Do not round intermediate calculations. Round the final answers to nearest dollac] 3-a. Which method produce the higher gross profit? FIFO Mowing weighted average 3.b. Which method produce the higher ending irwentary balance? FIFO Moving weighted average 4. Calculate the gross profit percentage for FIFO and Maving weighted average far the manth of October. (Round the final answers to the nearest whole number.]