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5 (The following information applies to the questions displayed below.) During the year, a company has the following Inventory transactions. Part 3 of 3 Date
5 (The following information applies to the questions displayed below.) During the year, a company has the following Inventory transactions. Part 3 of 3 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6 Purchase Number of Units Unit Cost Total Cost 55 $ 47 $ 2,585 135 49 6,615 285 52 10,660 115 53 6,095 510 $25,955 0.83 points For the entire year, the company sells 441 units of Inventory for $65 each. eBook Exercise 6-48 Part 3 Hint 3. Using weighted average cost, calculate ending Inventory.cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Print Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Reference: Weighted Average Cost # of units Cost per Cost of Goods Available for Sale # of units Sold Cost per Unit unit Cost of Goods Sold # of units in Ending Inventory Cost per unit Ending Inventory 55 $ 2,585 135 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 08 Total 205 115 510 8,615 10,860 8,095 25,955 S Sales revenue Gross profit
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