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------------------------------ Question 3 In its first month of operations, Carla Vista Co. made three purchases of merchandise in the following sequence: 200 units at $14;

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Question 3 In its first month of operations, Carla Vista Co. made three purchases of merchandise in the following sequence: 200 units at $14; 250 units at $13; and 300 units at $12. There are 480 units on hand at the end of the period. Carla Vista uses a periodic inventory system. Assume that the sale happens after all purchases have been received. Calculate the cost of the ending inventory and cost of goods sold under FIFO. (Round average cost per unit to two decimals places e.g. 52.75 and final answers to 0 decimal places e.g. 5,275.) FIFO Ending inventory Cost of goods sold LINK TO TEXT Calculate the cost of the ending inventory and cost of goods sold under weighted average. (Round weighted average cost per unit to two decimals places e.g. 52.75 and final answers to 0 decimal places e.g. 5,275.) Weighted average Ending inventory Cost of goods sold

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