Question 15 of 19 < < > View Policies Current Attempt in Progress The following information relates to Glassworks Ltd's inventory transactions during the month of July. Units Cost/Unit July 1 Beginning inventory 4,000 4 Purchase 6,000 $12.20 Amount $11.70 $46,800 73.200 8 Sale 5,720 14 Sale 1,420 22 Purchase 5,000 $12.45 62.250 28 Sale 3,820 All of the units sold were priced at $21 per unit. -17 (a) Glassworks Ltd. uses the periodic inventory system. Calculate Glassworks' cost of goods sold, gross margin, and ending Inventory for the month of July using: i. FIFO ii. weighted-average (Round calculations for cost per unit to 2 decimal places, eg. 10.52 and final answers to O decimal places, eg. 61,052) Cost of Goods Sold Gross Margin $ $ FIFO $ $ il. Weighted-average eTextbook and Media Ending Inventory $