2.Westward Co. had the following transactions pertaining to purchases and sales of inventory: May 1 Beginning Inventory May 5 Purchased May 10 Sold May 20 Purchased May 25 Sold 380 units at $15 each 270 units at $17 each 400 units at $50 each 300 units at $22 each 400 units at $50 each a. lations showing the amounts that should be assigned to the ending inventory and to total co t of goods sold assuming a weighted-average cost basis. (10 points) Inventory Balance 380 $ $15 = $5,700 380 $ 270 Total Inv = $ Purchases Sales avg cost-$ 250 @ $ e 400@ avg cost-$ 250 300 Total Inv = $ 300 (avg cost 150 S 400 (avg cost = $ Inventory BaLance 380 Total Inv 400 unit 150