of Question 3 (40 marks, 30 minutes) The Pym Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning 730 units @ $65 per unit April 1 460 units @ $60 per unit September 1 225 units @ $90 per unit Pym Company has two credit sales during the period. The units have a selling price of $180 per unit May 1 October 15 Sales 375 units 545 units Pym Company uses a perpetual inventory system. Required - using the worksheets provided 1 Calculate the dollar value of cost of goods sold and ending inventory using: Required - using the worksheets provided 1. a. Calculate the dollar value of cost of goods sold and ending inventory using: 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, assuming the sales were specifically identified as follows: 120 units from beginning inventory 255 units from the April 1 purchase October 15 240 units from beginning inventory 190 units from Aprill purchase 115 units from September I purchase May 3. Using information from your answers in #1 and #2. journalize the credit purchase on April 1 and the credit sale on October 15 for each of: FIFO b. Moving weighted average Specific identification a. C. a. b. HIFO Moving weighted average Specific identification c. TRE BIUS !!! III do Requirement1 Ending Inventory Cost of Goods Sold a FIFO Moving weighted average b Requirement 2 Ending Inventory Cost of Goods Sold Specific identification Requirements