QUESTION 2 incorrect0.00 poines out of 1.00Fg question inventory Costing Methods-Perpetual Method Fortune Stores uses the perpetual inventory system for its merchandise inventory. The April 1 Inventory for one of the items in the merchandise inventory consisted of 120 units with a unit cost of $375. Transactions for this item during April were as follows: April 9 Purchased 40 units$395 per unit 14 Sold 80 unts 600 per unit 23 Purchased 20 units400 per un 29 Sold40 units Required a. Calculate the cost of goods sold and the ending inventory cost for answers to the nearest dollar he month of April using the weighted-average cost method. Do not round unti b. Calculate the cost of goods sold and the ending inventory cast for the month of April using the first-in, first-out method C Cakculate the cost of goods sold and the ending inventory cost for the month of April using the last-in, first-out method Weghted Average Ending inventory Cost of goods Sold Ending inventory Cost of Goods Sold