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4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning 150 units Purchase

4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning 150 units Purchase 70 units Sell 1 180 units Purchase 2 40 units $5 $6 ? $7 Sell 2 60 units ? Calculate: 1) COGS per unit Sell1 2) COGS per unit sell2 3) Total cost of ending inventory

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