1 Question 2 (15 marks) (30 minutes) 2 3 Part 1 - Inventory (9 out of 15 marks) You have the following Information from the Optimum company regarding its inventory of item BG300 during the month of January 2021. 5 Note that the company started the month with 1000 units at $9 each. 6 Z Date Units purchases and cost Unit sales and price 8 January 5th 2000 units at $9.20 each 9 January 8th 1200 units at $14.00 each 10 January 13th 900 units at $9.50 each 11 January 20th 1300 units at $14.50 each 12 January 25th 600 units at $9.75 each 13 January 30th 900 units at $14.75 each 14 15 Required 16 1- Calculate the cost of goods sold and the cost of ending inventory based on the periodic welghted average method for the month of January, 17 2. Calculate the cost of goods sold on January 20th assuming the perpertual weighted average method is used. 18 Note: calculate unit costs to 4 decimal pres 19 20 21 Enter your answer here and show your work: 22 23