Current Attempt in Progress Sage Hill Aireraft sells a wide variety of model aircraft and uses a perpetuat inventory system. On June 1. Sage Hial Aircraft had five Cessna 560 modef airplanes on hand at a unit cost of 577 . During June and July, the company had the following purchises and sales for this airplane tall for cantu: Detetmine the cost of goods sold and ending inventory under a perpetual inventory system using (1) fiFO and (2) weighted averape. Round the weighted average cost per unit and final annwers to 2 decimal ploces, es 5.275.75) Calculate gross profit using (1) FiFO and (2) weighted average. (Round the weighted overoge cost per unit and finat answers to 2 decimal ploces es. 527575J