Paddington Gits made purchases of a particular product in the current year as follows: Required: 1. The business uses a periodic inventory system. Ending inventory consists of 120 units. Calculate the costs to be assigned to the ending inventory and to goods sold under: (Round intermediote colculotions and final onswers to 2 decimal places for "Weighted everege cost") 2. Which method provides the lower profit? FIFO Weighted-average cost