Please solve Part 1 and 2 of Q2

The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. 2 Beginning Feb. 10 Aug. 21 563 units & $94/unit 295 units $91/unit 175 units | $104/unit 15 points Stilton Company has two credit sales during the period. The units have a selling price of $154 per unit. Sales Mar. 15 375 units Sept. 10 280 units Print References Stilton Company uses a perpetual inventory system. Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using: (Do not round intermediate calculations. Round "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) Ending Inventory Cost of Goods Sold a. FIFO b Moving weighted average 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: 2 Mar. 15: 197 units from beginning inventory 178 units from the February 10 purchase Sept. 10: 192 units from beginning inventory 29 units from the February 10 purchase 59 units from the August 21 purchase 15 points Ending Inventory Cost of Goods Sold Print Specific Identification References