The Cog Company sells many products. Tog is one of its popular items. Below is an analysis of the inventory purchases and sales of Tog for the month of March:

3/1 Beginning inventory 80 units at $10

3/5 Sold 40 units at $15

3/10 Purchased 120 units at $11

3/15 Sold 90 units at $15

3/20 Purchased 100 units at $12

3/25 Sold 80 units at $15

Part 1 - Provide the following assuming Cog Company uses a perpetual inventory system.

FIFO perpetual

1) Ending Inventory $

2) Cost of Goods Sold $

3) Gross Profit $

LIFO perpetual

4) Ending Inventory $

5) Cost of Goods Sold $

6) Gross Profit $

Moving Average perpetual

7) Ending Inventory $

8) Cost of Goods Sold $

9) Gross Profit $

Part 2 - Now, provide the following assuming Cog Company uses a periodic inventory system.

FIFO - periodic 10) Ending Inventory $

LIFO periodic 11) Ending Inventory $

Weighted Average - periodic 12) Ending Inventory $