The following information relates to Toolworks Ltd's inventory transactions during the month of October. Cost/Unit $14.10 Amount $34.545 Oct. 1 5 11 13 Beginning inventory Sale Purchase Purchase Sale Purchase Sale Units 2.450 350 1,200 510 1,510 2.490 3,460 $14.60 $14.10 $17.520 $7,191 15 $12.50 $31,125 29 31 All of the units sold on October 5 were priced at $25.00 per unit All of the units sold on October 15 and 31 were priced at $32.00 per unit Toolworks Ltd. uses the perpetual inventory system. Calculate Toolworks' cost of goods sold, gross margin, and ending inventory for the month of October using FIFO. $ Cost of Goods Sold Gross Margin Ending Inventory S eTextbook and Media Toolworks Ltd. uses the perpetual inventory system. Calculate Toolworks' cost of goods sold, gross margin, and ending inventory for the month of October weighted average. (Round calculations for cost per unit to 2 decimal places, eg. 10.52 and final answers to decimal places, e.g. 61,052.) $ Cost of Goods Sold Gross Margin $ $ Ending Inventory e Textbook and Media