Fly-Buy Aircraft sells a wide variety of model aircrafts and uses a perpetual inventory system. On June 1. Fly-Buy Aircraft had five Cessna 560 model airplanes on hand at a unit cost of $76.00. During June and July, the company had the following purchases and sales for this airplane (all for cash): Purchases Units Unit Cost Units 2 Sales Unit Price $216,00 N 5 $106.00 & June 4 18 30 July 5 12 25 241.00 111.00 3 2 26100 261.00 Determine the cost of goods sold and endinginventory undera perpetual inventory system using (IFIFO and 2 weighted average. (Round the weighted average cost per unit to two decimo proces. 5:27 and final answers to 2 decimal places, eg 52.75). FIFO Weighted average Cost of goods sold Endinginventory 5 $ Suscrit i cili And the weighted as cust etwodem place Determine the cost of goods sold and ending inventory under a perpetual inventory system using (1) FIFO and (2) weighted average. (Round the weighted average cost per unlt to hivo decimal places, es. 5.27 and final answers to 2 decimal places eg. 52.75) FIFO Weighted average Cost of goods sold S $ Ending inventory $ S Calculate gross profit using (1) FIFO and 12) weighted average (Round the weighted average cost per unit to two decimal places, eg. 5.27 and final answers to 2 decimal poorses, 52.750 FIFO Welghted average Gross profit S