The Baby Store had a beginning inventory on January 1 of 320 full-size strollers at a cost of $220 per unit. During the year, the following purchases were made: Units Unit Cost $221 220 82 62 Mar. 15 July 20 Sept. 4 Dec. 2 25 218 11 213 At the end of the year, there were 36 units on hand. The Baby Store uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods available for sale During the year, The Baby Store sold the strollers for $320 per unit. Calculate the number of units sold during the year and total sales revenue. Number of units sold units Sales revenue $ Determine the cost of the ending inventory and the cost of goods sold using (1) FIFO and (2) weighted average. (Round the weighted average cost per unit to two decimal places and final answers to 0 decimal places, e.g. 5,275.) FIFO Weighted average $ $ Cost of goods sold $ $ Ending inventory Calculate gross profit using (1) FIFO and (2) weighted average. (Round answers to 0 decimal places, eg. 5,275.) FIFO Weighted average Gross profit $ $