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Calculate Windsor Company's cost of goods sold, gross margin, and ending inventory using: i. FIFO...

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Accounting

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Calculate Windsor Company's cost of goods sold, gross margin, and ending inventory using: i. FIFO ii. Weighted-average (Round calculations for cost per unit to 2 decimal places, eg. 10.52 and final answers to 0 decimol ploces, es. 61,052.) Windsor Company sells discounted shoes to the fashion-oriented consumer. The following schedule relates to the company's inventory for the month of March: Windsor Company uses the perpetual inventory system. Calculate Windsor Company's gross margin ratio using: (Round answers to 2 decimol places, es. 61.05% ) i. FIFO ii. Weighted-average Which cost formula produced the higher gross margin

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