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A company's inventory records show the following activity for the month of July. July 1 beginning inventory 380 units - $15 cost per unit July

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A company's inventory records show the following activity for the month of July. July 1 beginning inventory 380 units - $15 cost per unit July 5 purchased 270 units - $17 cost per unit July 10 sold 400 units - $50 selling price per unit Use WEIGHTED AVERAGE to determine the weighted average cost per unit. the dollar value of ending inventory and the dollar value of cost of goods sold. The number of units are not required in the answers. YOUR ANSWERS SHOULD SHOW 2 DECIMAL PLACES. FOR EXAMPLE: 6942.387 = 6942.39; 26.44218 = 26.44; 2891.7 = 2891.70 What is the Weighted Average Cost per Unit? $ Purchases Cost of Goods Sold Inventory Sales Revenue $ $ $

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