3 of 4 > The Music World Store carries a large inventory of guitars and other musical instruments Company records indicate the following for a particular line of guitars. This quiz: 35 point(s) possible This question: 10 point(s) possible Submit quiz First, make an inventory schedule and enter each purchase and sale. Start by entering the opening balance of inventory. Be sure to calculate the balance after each transaction. (Use parentheses or a minus sign in front of the quantity and the total cost when those numbers are subtracted from inventory. Round average cost per unit to two decimals (X.XX) and total cost to the nearest dollar.) Date April 1 April 6 Item Balance Quantity Unit Cost 5 $960 Sale 3 April 8 April 17 April 30 Purchase Sale Purchase 10 888 4 5 888 Required Assume that the store uses the moving-weighted average-cost method. Prepare The Music World Store's perpetual inventory record for the guitars on the Balance moving-weighted-average-cost basis. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar. Balance Balance Date Quantity Unit Cost Total Cost Ending Inventory Now, determine the cost of goods sold. Enter the transactions in chronological order. Date Quantity Unit Cost Total Cost Total