Product 1 - The Hot Stuff is an individual container of all- purpose dipping sauce produced using one of Phuong's family recipes. Each unit now sells for $2.50 Date Purchases Sales (units) (units). August 3 1000 @ $0.80 6 150 9 450 11 350 @ $0.90 14 300 16 250 @ $1.05 18 150 21 300 24 400 @ $1.00 26 300 @ $1.10 28 275 29 175 31 (150) @ $1 (Returned) TOTAL 2150 1800 Product 2- The Saucy Sixpack is a premium package of Sauces including flavours from a variety of cultures. The packs sell for $22 each. Date Purchases (units) Sales (units) August 2 1 250 @ $12 90 3 60 5 150 @ $12.50 8 130 12 200 @ $12.94 15 (20) Returned undamaged 18 40 21 70 22 100 @ $13.69 24 170 26 80 TOTAL 700 620 Phuong likes the sound of these ideas and would like to see how they work. Phuong still believes the FIFO system would be best for his dipping sauce as he always sells the oldest stock first but would like you to record the premium pack using the weighted (moving) average method as he makes more profits on their sales. 3. Complete the stock cards provided below using the same information Phuong above as needed. Date In Oul Balanc Quantity Unit Cost Tocal Cood Quantity Unit Cast Total Cost Quantity Unit Cas Tot Dune In Out Bal Quantity Unit Cost Total Cod Quantity Unit Cast Total Cost Quantity Unit Cont While you were busy doing the calculations Phuong has had one his helpers physically count the stock twice to make sure his earlier stock take was correct. The results of this count were that there are only 75 packs of The Saucy Sixpack on hand