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12) Use the information below and assume Betty's Gifts uses periodic weighted average cost inventory system. What is the value of Betty's Ending Inventory and
12) Use the information below and assume Betty's Gifts uses periodic weighted average cost inventory system. What is the value of Betty's Ending Inventory and Cost of Goods Sold at the end of July? Round to the nearest penny. (10 points) Sales Units Units 7 Purchases Price Total $ 62 $ 434 3 $ 66 $ 198 Date Beg Bal 6-Jul 11-Jul 14-Jul 21-Jul 27-Jul Total $ 71 4 14 $ 284 916 1
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