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Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December...

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Accounting

Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31,2023.
Beginning Inventory 268 units @ $ 82/unit
March 10 purchased 229 units @ $ 85/unit
March 20 sold 409 units @ $ 160/unit
May 13 purchased 280 units @ $ 78/unit
August 5 purchased 281 units @ $ 70/unit
September 10 sold 536 units @ $ 160/unit
Ontario Skateboard Company employs a perpetual inventory system.
Required:
1. Calculate the dollar value of ending inventory and cost of goods sold using: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Round all weighted average unit costs to two decimal places.) ending inventory cost of goods sold
fifo
moving weighted average
2. Using your calculations from Part 1, complete the following schedule: (Do not round intermediate calculations. Round the final answers to 2 decimal places. Round all weighted average unit costs to two decimal places.)

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