01:33: Question 1 of 6 Current Attempt in Progress > - / 10 TI Teal Mountain Company uses a perpetual inventory system Beginning inventory is 4,600 T-shirts at a cost $2.50 per shirt. During the year Teal Mountain had the following inventory transactions Jan 12 Purchased 920 cost @2.15 per unit Feb 18 Sold 2.400 cost 6,50 per unit Jul 1 Purchased 3.100 cost 2.65 per unit Aug. 29 Sold 2.500 cost@7.50 per unit Dec 19 Purchased 920 cost 3.05 per unit All purchases and sales are on account. Calculate the cost of goods sold and ending inventory using weighted werage (Round cost per unit to 2 decimal places.es 225 and (a) Calculate the cost of goods sold and ending inventory using weighted average. (Round cost per unit to 2 decimal ploce. 225 and other answers to 0 decimal places, eg: 5,125) Weighted average Cost of goods sold $ $ Ending inventory Attempts:0 of 1 used Suit A Save for later