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ans plz Sheffield Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1 of 520 bookcases at a cost

ans plz

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Sheffield Furniture Ltd. uses a perpetual inventory system and has a beginning inventory, as at June 1 of 520 bookcases at a cost of $ 122 each. During June, the company had the following purchases and sales of bookcases: Purchases Sales Date Units Unit cost Units Unit price June 6. 1.190 $ 124 10 980 $ 206 1.860 16 1630 1080 Your answer is correct Determine the cost of goods sold and the cost of the ending inventory using the average cost formula. (Use unrounded numbers for average ostoalculations. Round answers to 2 decimal places. eg 5.52) Cost of goods sold 250590.02 Cost of the ending inventory eTextbook and Media Attempts: 1 of 3 used (b) Calculate Sheffield Furniture's gross profit and gross profit margin for the month of June. (Round gross profit margin to 1 decimal place eg 15.1 and gross profit to the nearest whole dollar, eg. 1525.) Gross profit 6 Gross profit margin eTextbook and Media Submit Anster Attempts: 0 of 3 used

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