The Baby Store had a beginning inventory on January 1 of 280 full-size strollers at a cost of $ 180 per unit. During the year, the following purchases were made:

Date	Units	Unit Cost
Mar. 15	78	$181
July 20	58	180
Sept 4	23	178
Dec 2	10	173

At the end of the year, there were 33 units on hand. The Baby Store uses a periodic inventory system.

1. Determine the cost of goods available for sale.

Cost of goods available for sale:

2. During the year, The Baby Store sold the strollers for $ 280 per unit. Calculate the number of units sold during the year and total sales revenue.

Number of units sold:

Sales Revenue:

3. Determine the cost of the ending inventory and the cost of goods sold using (1) FIFO and (2) weighted average.

Cost of goods sold:

Ending Inventory:

4. Calculate gross profit using (1) FIFO and (2) weighted average.

Gross Profit: