wala what factors must IL CONSCI DIUI 5 CELU Uhuru mula, what P6-5A Fly-Buy Frisbees sells a wide variety of frisbees and uses a perpetual inventory system. On June 1, Fly- Apply perpetual FIFO and Buy Frisbees had five Fast Flying Frisbees on hand at a unit cost of $105. During June and July, the company had weighted average. Answer the following purchases and sales for this frisbee (all for cash): question about financial Purchases Sales Vamos statement effects. Units Unit Cost (LO 2,3) AP Units 120 Unit Price E June 4 $210 18 5 $115 . 15 13VO CON goibal (d) 6 235 July 5 120 12 osno sonclad Colori gibi 3 gro255 255 FLAT 25 nell Sainsmotsions 1 2 anni 10 255 159TIOSOI VISO Instructions D o bstacles Shoes Wome (a) Determine the cost of goods sold and ending inventory under a perpetual inventory system using (1) FIFO and (2) weighted average. (Hint: Round the weighted average cost per unit to two decimal places.) (b) Calculate gross profit using (1) FIFO and (2) weighted average. TAKING IT FURTHER cost formula? What factors should the owner of Fly-Buy Frisbees consider when choosing a SOBEX V