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2 A company had the following purchases during its first year of operations: January April Purchases 15 units at $5 Sales 20 units at $

2 A company had the following purchases during its first year of operations: January April Purchases 15 units at $5 Sales 20 units at $ 4 30 units at $14 May The company uses the weighted-average method to determine the cost of its inventory. A) What is the weighted average cost per unit in May (round to two decimal place if necessary)? B) What is the cost of goods sold in May? C) What is the cost of ending inventory in May? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt !!! > QUESTION 3 ESG company sold merchandise for $4,000 cash, which has a cost basis of $2,000. The journal entry to record this transaction includes: O Dr. to cash and Cr. to sales; $2,000 O Dr. to cash and Cr. to sales, $4,000 Dr. to accounts receivable and Cr. to sales; $2,000 Dr. to accounts receivable and Cr. to sales; $4,000 QUESTION 4 Thinkvision company has the following inventory 15 units @7 BD each. 20 units @ 8 BD each. The weighted average cost per unit for the above inventory is: 8 BD 7.50 BD 7.57 80 7 BD

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