Question 3 (40 marks, 30 minutes) The Pym Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning 730 units ($65 per unit April 460 units @ $60 per unit September 1 225 units @ $90 per unit Pym Company has two credit sales during the period. The units have a selling price of $180 per unit Sales 375 units May 1 October 15 545 units Pym Company uses a perpetual inventory system Required - using the worksheets provided a 2 Calculate the dollar value of cost of goods sold and ending inventory using FIFO b. Moving weighted average (round to two decimal places) Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: May 120 units from beginning inventory 255 units from the Aprill purchase October 15 240 units from beginning inventory 190 units from April purchase 115 units from September purchase 3. of Using information from your answers in #land #2, journalize the credit purchase on Aprill and the credit sale on October 15 for each FIFO Moving weighted average Specific identification