4. Using the Average Method, Calculate the cost of goods sold (4 marks) and ending inventory (2 marks) using the Average Method by using a inventory schedule (6 marks) (this is the thing we used in class).

Remember to answer the questions below:

CoGS for July 9th =

CoGS for July 22nd =

Ending Inventory =

V's Violins uses a perpetual inventory system and reports the following inventory transactions for the month of July: NOTE: Please leave a blank space between entries for each Date