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a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system. Do

a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. When calculating the unit cost, round to 2 decimal places as well.

Inventory Schedule
Purchases Sales Balance
Transaction Description Quantity Amount Quantity Amount Quantity Amount
Opening Balance 0 $ 0
#1 Purchase from DD Co. 500 $7,000.00 Answer $Answer Answer $Answer
#2 Sale to EE Co. Answer $Answer Answer $Answer 250 $3,500.00
#3 Sale to FF Co. Answer $Answer 125 $Answer Answer $Answer
#4 Purchase from GGG Co. 90 $1,620.00 Answer $Answer Answer $Answer
#5 Sale to HH Co. Answer $Answer 50 $Answer Answer $Answer

b) What is the value of ending inventory?

Ending Inventory = $Answer

c) What is the total COGS for all the sales presented in this question?

COGS = $Answer

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