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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 310 units $ 83/unit 212 units @$ 85/unit 360 units @$173/unit 274 units @$ 80/unit 265 units @$ 69/unit 567 units @$173/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.) Ending Inventory Cost of Goods Sold a FIFO b. Moving weighted average $ 9,246 00 $ 10,283.16 $ 74,709 00 73,671 84 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 goods sold Gross profit FIFO Moving Weighted Average

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