wetome ss theewt &3 w rmasan tamw aresem AAA Co suses a periodic invemtory syem and has the following indiomato in ead to m inventory: nits 250 350 550 ait Cost Tatal Cost S10,000 14,200 24,200 20.209 S.69.600 $40 Beginning inventory Purchase on January 25 Purchase on March 15 Purchase on October 2nd 42 44 46 450 1.600 38)What is the cost of ending inventory using the weighted average method? A) $41.325. B) $28.275. C) $40,850. D) $27,950. AAA Co. sold 950 units 11 40) What is the cost of ending inventory using the FIFO method? A) $40,100. B) $42,700. C) $29,500. D) $26,900. 41) Assuming that the 950 units sold were sold at a selling price of $72 each, what is the gross profit percentage using the FIFO method? (Round final percentage amount to 1 decimal place.) A) 37.6% B) 60.7% C)41.4% D) 56.9% E) 58.6%