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Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31, 2023 Beginning Inventory March 10 purchased March 20

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Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31, 2023 Beginning Inventory March 10 purchased March 20 sold May 13 purchased August 5 purchased September 10 sold 322 units @$ 91/unit 191 units @$ 92/unit 394 units @$155/unit 260 units @$ 87/unit 263 units @$ 82/unit 561 units @$155/unit Ontario Skateboard Company employs a perpetual inventory system Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Round all weighted average unit costs to two decimal places.) a FIFO b. Moving weighted average Ending Inventory Cost of Goods Sold 4 2. Using your calculations from Part 1, complete the following schedule. (Do not round intermediate calculations. Round the final answers to 2 decimal places. Round all weighted average unit costs to two decimal places.) Sales Cost of anors sold FIFO Moving Weighted Average

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