Windrose, Inc. uses a periodic inventory system and its inventory records contain the following information: Units Cost/Unit Total Balance, January 1 600 2.60 $1,560 Purchased on May 10 800 2.925 2,340 Purchased on June 15 1,000 2.52 2,520 Purchased on August 28 600 3.30 1,980 The company sold 2,000 units at $6 each on June 25. There were no additional purchases or sales during the remainder of the year. The company had 1,000 units in its ending inventory at the end of the year.

If Windrose uses the FIFO costing method, what is its gross profit?

If Windrose uses the FIFO costing method, what is its gross profit?

If Windrose uses the LIFO costing method, what is its cost of goods sold?

If Windrose uses the weighted average costing method, what is its cost of goods sold?