Q-4 FreshFoods Co. is a small fruit and vegetable grocer. FreshFoods is concerned that sales have been down over the past three quarters. As the company accountant, you decide to perform some analysis to uncover the source of the problem. You gather the following data from the accounting records by quarter: 05 marks Quarter 1 2. COGS $300,000 $455,000 $530,000 Beginning Inventory $40,000 $20,000 $92,500 Ending Inventory $20,000 $92,500 $120,200 3 Calculate inventory turnover and days sales in inventory for each quarter. Q-5 A company made the following purchases during the year: 05 marks Jan. 10 Mar. 15 Apr. 25 July 30 Oct. 10 15 25 10 20 15 units at $360 units at $390 units at $420 units at $450 units at $480 On December 31, there were 27 units in ending inventory. These 27 units consisted of 4 from the January 10 shipment, 25 from the March 15 shipment, 10 from the April 25 shipment, 20 from the July 30 shipment, and 15 from the October 10 shipment. Using specific identification, calculate the cost of the ending inventory