Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 1C Req 2 Req 3 Calculate Topanga's cost of goods sold for the first quarter using average cost. (Round your intermediate calculations to 4 decimal places for average cost method and final answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold- Av Cost of Goods | # of units Available for erage CostEnding Inventory-Average Cost # of units Average i g Cost per AverageCost |# of units l Average Cost per Cost of Goods Sold Ending Cost perInventory cost sold Sale Unit unit Beginning Inventory Purchases January 7 February 16 March 22 Total K Req 1B Req 2> Complete this question by entering your answers in the tabs below Req 1A Req 1B Req 1C Req 2 Req 3 Comment on the relative effect of each of the three inventory methods on the gross profit ratio. In situations when costs are rising, LIFO results in a cost of goods sold and therefore, a gross profit ratio than FIFO Req 2 Req 3