Required information [The following information applies to the questions displayed below) Glasgow Enterprises started the period with 70 units in beginning inventory that cost $2.50 each. During the period, the company purchased inventory items as follows. Purchase 1 2 3 No. of Items 360 120 60 Cost $3.00 $3.10 $3.50 Glasgow sold 380 units after purchase 3 for $9.60 each. What is Giasgow's cost of goods sold under FIFO? Multiple Choice $950 O $1105 $1.202 $1,330 Required information [The following information applies to the questions displayed below.] Glasgow Enterprises started the period with 70 units in beginning inventory that cost $2.50 each. During the period the company purchased inventory items as follows: Purchase 1 2 No. of Itens 360 120 Cost $3.00 53.10 53.50 Glasgow sold 380 units after purchase 3 for $9.60 each What is Glasgow's ending inventory under weighted-average (rounded)? Multiple Choice $538 $1144 5692 5699