The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 21 563 units @ $94/unit 295 units @ $91/unit 175 units @ $104/unit Stilton Company has two credit sales during the period. The units have a selling price of $154 per unit. Sales Mar. 15 375 units Sept. 10 280 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 $ 36,673.00 $ 36,252.00 Cost of Goods Sold $ 61,294.00 $ 61,717.00 b. Moving weighted average 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: 197 units from beginning inventory 178 unite from the February 10 nurchase 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: 197 units from beginning inventory 178 units from the February 10 purchase Sept.10: 192 units from beginning inventory 29 units from the February 10 purchase 59 units from the August 21 purchase Ending Inventory Cost of Goods Sold Specific Identification 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. 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 Record the purchase of inventory on credit. Note: Enter debits before credits. Date General Journal Debit Credit February 10 Record entry Clear entry View general journal c. Specific identification c. Specific identification View transaction list Journal entry worksheet