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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020 Beginning Feb. 10 619 units @ $78/unit

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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020 Beginning Feb. 10 619 units @ $78/unit 335 units @ $75/unit 215 units $88/unit Aug. 21 Stilton Company has two credit sales during the period. The units have a selling price of $138 per unit. Sales Mar. 15 415 units Sept. 10 320 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.) FIFO b. Moving weighted average Ending Inventory Cast of Goods Sold $ 35,345.00 $ 56,982.00 $ 34,763.00 $ 57,566.00 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: nces Mar. 15: 221 units from beginning inventory 194 units from the February 10 purchase Sept. 10: 216 units from beginning inventory 37 units from the February 10 purchase 67 units from the August 21 purchase Ending Cost of Goods Inventory Sold $ 35.020 $ 56,943 Specific Identification a. FIFO View transaction list Journal entry worksheet

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