O Ending investors a-35,750 b. 35,107.00 Ending inventory 35, 395 Please answer CHAPTER 6 Inventory Costing and Valuation 11 Maring weightd average only Required 1. Calculs o $75/unit $72/unit $85/unit 640 units 350 units 230 units Beginning Feb. 10 Aug 21 b. M 2. Usin Stilton Company has two credit sales during the period. The units have a selling price of $135.00 per unit. Sales 430 units 335 units Mar. 15 Sept 10 Stilton Company uses a perpetual inventory system Required 1. Calculate the dollar value of cost of goods sold and ending inventory using: a. FIFO b. Moving weighted average. Round to two decimal places. 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assum ing the sales were specifically identified as follows: Anal been *Pro CHE US sy Mar. 15: 230 units from beginning inventory 200 units from the February 10 purchase Sept 10: 225 units from beginning inventory 40 units from the February 10 purchase 70 units from the August 21 purchase 3. Using information from your answers in Parts 1 and 2 journalize the credit purchase on February 10 and the credit sale on September 10 for each of: P a. FIFO b. Moving weighted average CA