CHECK FIGURES: 1. Ending inventory: 8. $10,104.00, U. I D Ontario Skateboard Company has the following inventory and purchases during the fis ber 31, 2020. the fiscal year ended Beginning inventory....... March 10 purchased.. March 20 sold...................... May 13 purchased... August 5 purchased........ September 10 sold......... 295 units 210 units 375 units 277 units 260 units 515 units $83/unit $87/unit $153/unit $81/unit $67/unit $163/unit @ @ Ontario Skateboard Company employs a perpetual inventory system. Required 1. Calculate the dollar value of ending inventory and cost of goods sold using: a. FIFO b. Moving weighted average. Round all unit costs to two decimal places. 2. Using your calculations from Part 1, complete the following schedule: Moving Weighted Average FIFO Sales. Cost of goods sold... Gross profit Analysis Component: How would the gross profits calculated in Part 2 above change if Ontario S Company had been experiencing increasing prices in the acquisition of additional inventory 450