Im pretty lost with this Financial Accounting inventory exercise.

HOW IS GROSS MARGIN DONE? Its ok the procedure?

12:58 Viernes 10 de diciembre 57% 122 3000 a R3 36 1200 18 2000 22 2ooox 23 20000 22 1000 24 Zooo x 22 2000 x 23 1000 x au 2000 x 24 1000x 22 2000 x 23 2000 24 cooox 24 1000 24000 Total Duct flows = COGS Cost Beools Sold = (180200+ (221000) + (22.2000) + (230 1000) +(24 1000)= 149.00 2 . GROSS MARGIN = SALES - COGS GOGS = sales would be Ontflame ? If loss - Outllan I Supare that the ending insentory is the one lights the sales? au tel 24.1000 = 24.000 3. Inventory A wholesaler company have an initial inventory of 2000 units of a product at a cost of 18 euros. Then it makes the following operations during the year (All the operations in account) Purchases 3000 units of a product at a cost of 22 euros. Purchases 1000 units of a product at a cost of 23 euros. a Sell 3000 units at a price of 30 euros. Purchases 2000 units at a cost of 24 euros Sell 4000 units at a price of 30 euros. Solve this exercise using FIFO-PERIODIC Elaborate the journal, the adjustment for change in inventory, calculate the COGS, Ending inventory and gross margin