The following information relates to Hors Back Falls Ltd's inventory transactions during the month of February Units 9,200 5,900 Cost/Unit $29.00 Amount $237,800 Feb. 1 10 14 Beginning inventory Sale Purchase Purchase Sale Purchase 2.700 $30.00 $34.00 $91,000 $17,000 18 25 26 28 500 4,000 3,700 2,900 $39.00 $144,300 Sale All of the units sold were priced at $96.00 per unit. Hoss Back Falls Ltd. uses the periodic inventory system. Calculate Hogs Back's cost of goods sold, gross margin, and ending inventory for the month of February using FIFO. Cast of Goods Sald S Gross Margin S Endling Inventory $ e Textbook and Media Hop Back Falls Ltd. uses the periodic inventory system. Calculate Hogs Back's cost of goods sold, gross margin, and ending inventory for the month of February using weighted average. (Round calculations for custper unit to 4 decimal places, e 10.5217 and final answers to decimal places 61,052) Cost of Goods Sold $ Gross Margin S Ending Inventory $ e Textbook and Media Which of the cost formulas would produce the higher gross margin? vladuses the bihCREASE IN