Revise your worksheet to reflect these updated assumptions and then answer the questions that follow.

Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Sales Sale Price 12,900 units 27 Date Beginning March 12 June 5 October 22 Totals Number of Units 2,500 3,700 2,400 6,800 15,400 Unit Cost 10.30 10.20 10.10 9.90 Total Cost $ 25,750 37,740 24,240 67,320 $155,050 es Required: 1. Use your spreadsheet to recalculate the cost of Goods Sold, Inventory balances, and Gross Profit under each method and enter your results below: (Round your answers to the nearest whole dollar amount.) FIFO LIFO Weighted Average Cost of Goods Sold Ending Inventory Gross Profit