The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. le Aug. 21 612 units @ $79/unit 330 units @ $76/unit 210 units @ $89/unit Stilton Company has two credit sales during the period. The units have a selling price of $139 per unit Mar. 15 Sept. 10 Sales 410 units 315 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.) 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 were specifically identified as follows: Mar. 15: 218 units from beginning inventory 192 units from the February 1e purchase Sept. 18: 213 units from beginning inventory 36 units from the February 10 purchase 66 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 a 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