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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. 21 549 units

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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. 21 549 units @ $92/unit 285 units @ $89/unit 165 units @ $102/unit Stilton Company has two credit sales during the period. The units have a selling price of $152.00 per unit. Mar. 15 Sept. 10 Sales 365 units 270 units Stilton Company uses a periodic Inventory costing system, Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using: (Round the "Weighted average cost" to 2 decimal places. Do not round intermediate calculations. Round final answers to 2 decimal places.) D Ending Inventory Cost of Goods Sold a FIFO b Moving weighted average

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