Problem 6-7A Gross profit comparisons and cost flow assumptions-perpetual LO Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended Dec Beginning Inventory March 10 purchased March 20 sold May 13 purchased August 5 purchased September 10 sold 271 units $ 81/unit 204 units @ $ 85/unit 379 units @ $174/unit 288 units $ 77/unit 237 units @ 67/unit 469 units @$174/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 intermediat final answers to 2 decimal places. Round weighted average all unit costs to two decimal places.) Ending Inventory Cost of Goods Sold a FIFO b. Moving weighted average final answers to 2 decimal places. Round weighted average all unit costs to two decimal place Ending Inventory Cost of Goods Sold a. FIFO b. Moving weighted average 2. Using your calculations from Part 1, complete the following schedule (Do not round intermedi answers to 2 decimal places. Round weighted average all unit costs to two decimal places.) FIFO Moving Weighted Average Sales Cost of goods sold Gross profit