The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 528 units @ $89/unit 270 units $86/unit 150 units @ $99/unit Aug. 21 Stilton Company has two credit sales during the period. The units have a selling price of $149 per unit. Mar. 15 Sept. 10 Sales 350 units 255 units Stilton Company uses a perpetual inventory system. Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using: (Do not round intermediate calculations. Rour "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) Ending Inventory Cost of Goods Sold a FIFO Moving weighted average b 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: Mar. 15: 182 units from beginning inventory 168 units from the February 10 purchase Sept. 10: 177 units from beginning inventory 24 units from the February 10 purchase 54 units from the August 21 purchase Ending Inventory Cost of Goods Sold Specific Identification es 3. Using information from your answers in Parts 1 and 2 journalize the credit purchase on February 10 and the credit sale on September 10 for each of: a. FIFO View transaction list Journal entry worksheet 1 2 3 Record the purchase of inventory on credit. Note: Enter debits before credits General Journal Debit Credit Date February 10 View transaction list 1 Record the purchase of inventory on credit. 2 Record a credit sale. 3 Record the sale of merchandise. b. Moving weighted average (Do not round intermediate calculations. Round "Av- the final answers to nearest whole dollar.) View transaction list Journal entry worksheet 1 2 3 Record the purchase of inventory on credit. Note: Enter de bits before credits Debit General Journal Credit Date (Do not round intermediate calculations. Rou the final answers to nearest whole dollar.) View transaction list EX 1 Record the purchase of inventory on credit. 2 Record a credit sale. 3 Record the sale of merchandise.