10) Prove ule v povus un LUGLIO PPP weighted average. (LO 7) AP 14 Dene Company uses a periodic inventory system and its accounting records include the following inven tory Information for the month of July: Units Unit Cost Total Cost July 1 Inventory on hand 150 $5.00 $ 750.00 Purchase 12 230 6.75 1,552.50 20 Sale (250) .00 490 7.00 3,430.00 28 Purchase A physical inventory count determined that 620 units were on hand at July 31. (a) Calculas of part (a), explant differ from Instructions Calculate the ending Inventory and the cost of goods sold under (1) FIFO and (2) weighted aver (b) For item 2 of part (a), explain why the weighted average unit cost is not $6.25. How do the results for part (a) differ from 0-0, where the same information for Dene Company a perpetual inventory system? ultralightweight snowboard that is considered to be one of the best on the Apply periodic and perpetu o