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full and clear answer plz Required information The following information applies to the questions displayed below.) Pete's Tennis Shop has the following transactions related to

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Required information The following information applies to the questions displayed below.) Pete's Tennis Shop has the following transactions related to its top-selling Wilson tennis racket for the month of August. Pete's Tennis Shop uses a periodic inventory system. Units Unit Cost 5141 Total Cost $ 1,128 Date August 1 August 4 August 11 August 13 August 20 August 26 August 29 Transactions Beginning nventory Sale (5130 each) Purchase Sale ($145 each) Purchase Sale ($155 each) Purchase 1,310 1,210 111 1221 4.569 For the specific identification method, the August 4 sale consists of rackets from beginning inventory, the August 13 sale consists of rackets from the August 11 purchase, and the August 26 sale consists of one racket from beginning inventory and 10 rackets from the August 20 purchase rences 5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted average cost amounts to 2 decimal places.) Specific Identification FIFO UFO Weighted average cost Sales revenue Gross profit

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