Problem 6-2A Alternative cost flows-perpetual LO2 The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 21 577 units @ $84/unit 305 units @ $81/unit 185 units @ $94/unit Stilton Company has two credit sales during the period. The units have a selling price of $144 per unit. Sales Mar. 15 385 units Sept. 10 290 units Stilton Company uses a perpetual inventory system. Required: 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: Mar. 15: 203 units from beginning inventory 182 units from the February 10 purchase Sept. 10: 198 units from beginning inventory 31 units from the February 10 purchase 61 units from the August 21 purchase Ending Cost of Goods Inventory Sold Specific Identification