Question 2 The following information is taken from the records of WeBearBear Sdn Bhd. The company uses the perpetual inventory system. Unit Cost (RM) Units 100 80 200 2 Date Dect Dec 5 Dec 6 Dec 12 Dec 13 Dec 19 Dec 29 Dec 30 Description Opening inventory Sale Purchase Purchase Sale Purchase Purchase Sale 125 3 300 350 N 150 1 400 Required:- (a) Calculate cost of goods sold and the cost of ending inventory under each of the following inventory cost flow assumptions: (0) FIFO (H) Weighted average. [11 mark] (b) Assume each unit was sold for RM5. Complete the following partial income statements : [4 marks) FIFO Weightage Average Sales Less: Cost of Sales Gross Profit ...4/