Smooth Noodles began September with $83$ units of inventory that cost $$56$ each. During the month, Smooth made the following purchases:

$($Click the icon to view the purchases.$)$

The company uses the periodic inventory system, and the physical count at September $30$ shows $56$ units of inventory on hand.

Required the nearest dollar.

$2.$ Sales revenue for Septembertotalled $$48,000.$ Compute Smoothigross margin for Septemberunder each method.

$3.$ Which method will result in higher net income for SmoothWhy? inventory and cost of goods sold to the nearest dollar.$)$

$\backslash$table$[[,$Weighted$-$average,FIFO$],[$Ending inventory,$3166,2,480],[$Cost of goods sold,$25207,15,859]]$