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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 211 584

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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 211 584 units $83/unit 310 units @ $80/unit 198 units @ $93/unit Stilton Company has two credit sales during the period. The units have a selling price of $143 per unit. Mar. 15 Sales 396 units Sept. 10 295 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. Round "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) a FIFO Ending Inventory Cost of Goods Sold < Prev 3 of 10 Next >

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