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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Eeb. 10 Aug. 21 591 units

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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Eeb. 10 Aug. 21 591 units @ $82/unit 315 units @ $79/unit 195 units @ $92/unit Stilton Company has two credit sales during the period. The units have a selling price of $142 per unit. Sales Mar. 15 395 unita Sept. 10 300 unita 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. R. "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) Ending Inventory Cost of Goods Sold a FIFO b Moving weighted average 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales we specifically identified as follows: Mar. 15:209 units Eram beginning inventory 18 units from the February 10 purchase Sept.10: 204 units Exom beginning inventory 33 units Erom the February 10 purchase 63 units from the August 21 purchase Ending Inventory Cost of Goods Sold Specific Identification

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