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You are the vice president of finance of Sheffield Corporation, a retail company that prepared two different schedules of gross margin for the first quarter

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You are the vice president of finance of Sheffield Corporation, a retail company that prepared two different schedules of gross margin for the first quarter ended March 31, 2025. These schedules appear below. The computation of cost of goods sold in each schedule is based on the following data Prepare two separate schedules computing cost of goods sold and supporting sehedules showing the composition of the ending inventory under both cost flow assumptions. (Enter cost per unit to 2 decimal places, e. g. 5,125.) Schedules Computing Ending Inventory

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