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

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Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory 20 points March 10 purchased March 20 sold May 13 purchased August 5 purchased September 10 sold 277 units 85 90/unit 227 units $ 92/unit 349 units @$166/unit 291 units @$ 86/unit 270 units 5 79/unit 556 units $166/unit eBook Print References 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.) FIFO b Moving weighted average Ending Inventory Cost of Goods Sold

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