1. The Mickey Company has the following data on their inventory and sales. What is the cost of goods sold for the sale on November 15 using the weighted-average method, rounding to the nearest dollar Beginning inventory Jan 1 Mar 5 50 units at $10 per unit Purchases 30 units at $14 per unit Apr 15 Sale 20 units at $30 per unit May 30 Purchases 50 units at $15 per unit Nov 15 Sale 60 units at $32 per unit Dec 31 Ending inventory 50 units $720 $771 $785 $1,920