0. Question 5 of 15 View Policies Show Attempt History Current Attempt in Progress The following information relates to Toolworks Ltd's inventory transactions during the month of October Units Cost/Unit Amount Oct. 1 Beginning inventory 2,470 $13.00 $32,110 5 Sale 350 11 Purchase 1,200 $13.50 $16,200 13 Purchase 500 $13.00 $6,500 15 Sale 1,530 29 Purchase 2,550 $11.50 $29,325 31 Sale 3,440 All of the units sold on October 5 were priced at $26.00 per unit: All of the units sold on October 15 and 31 were priced at $32.00 per unit. Question 5 of 15 0.33/1 Your answer is incorrect. Toolworks Ltd. uses the periodic inventory system Calculate Toolworks cost of goods sold, gross margin, and ending inventory for the month of October weighted-average. (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 2 decimal places, e.g. 610.52.) Cost of Goods Sold $ Gross Margin $ Ending Inventory S eTextbook and Media Attempts: unlimited Submit Answer Save for Later Last saved 9 hours ago Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes