Ham 2 Saved Help Save & Exit Sul Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. 10 Date Unit Cost $ 155 1 Total Cost $3,100 175 Transactions Beginning inventory Sale ($210 each) Purchase Sale ($260 each) Purchase Sale ($285 each) Purchase 1,750 March March 5 March 9 March 17 March 22 March 27 March 30 Units 20 15 10 8 10 12 9 art 3 of 7 185 1,850 205 1,845 $8,545 01:58:25 Skipped For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31. Ending inventory Cost of goods sold 20 Saved Help Save & Exit Submit 1 [The following information applies to the questions displayed below) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Unit Cost $155 Total Cost $3,100 of 7 Transactions Beginning inventory Sale ($210 each) Purchase Sale ($260 each) Purchase Sale ($285 each) Purchase Date March 1 March 5 March 9 March 17 March 22 March 27 March 30 175 Units 20 15 10 10 12 9 1,750 185 1,850 1:58:03 205 1,845 $8,545 pod For the specific identification method, the March 5 sale consists of bikes from beginning inventory the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. 4. Using weighted average cost, calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold Submit [The following information applies to the questions displayed below.] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Unit Cost $ 155 Total Cost $3,100 Date March March 5 March 9 March 17 March 22 March 27 March 30 Transactions Beginning inventory Sale ($210 each) Purchase Sale ($260 each) Purchase Sale ($285 each) Purchase Units 20 15 10 8 10 12 9 175 1,750 185 1,850 205 1,845 $8,545 For the specific identification method, the March 5 sale consists of bikes from beginning inventory the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. 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 LIFO Weighted average cost Sales revenue Gross profit