Jackie wild makes the following purchases of inventory during May her first mo

Jackie wild makes the following purchases of inventory during May her first month of operations:

May2 10 units $6.00 cost per unit

May15 20units $8.25 cost per unit

May22 15units $9.50 cost per unit

Wild sells 15 unites $20 each on May 19. Wild uses a perpetual inventory system. Determine the cost of goods sold and gross profit for the May19 sales and the
ending inventory balance (per general ledger)on May31 using(a)FIFO and (b)weighted average:

COGS Gross profit Ending inventory

(a) FIFO ________ __________ ______________

(b) Weighted average __________ ____________ _______________