education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=9ed32049-c75a-4073-b95b-0a81c7f6cda0#/question/1 r 6.3 - Exercises Question 2 of 2 < > View Policies - /100 Current Attempt in Progress Sandhill Company uses a perpetual inventory system. The following information is provided for cost of goods sold and ending inventory under FIFO and weighted average. FIFO Cost of goods sold $7,620 Ending inventory $1,280 Weighted Average $7,310 $1,590 (a1) Assuming 1,120 units are sold for $15 per unit, and the product costs are decreasing calculate gross profit under FIFO. Gross profit $ Save for Later Attempts: 0 of 2 used Submit Answer