apte- Chap 6 Practice problems C. Assume that Toyland store bought and sold a line of puzzles during May as follows: May 1 Beginning merchandise inventory 8 Sale 14 Purchase 21 Sale 24 Purchase 11 units@ $10 each 4 units @ $18 each 17 units @ $15 each 14 units @ $21 each 10 units $16 each t of goods sold, cost of ending merchandise inventory, and gross profit using the weighted-average method inventory costing method. Purchases Unit Cost of Goods Sold Unit Inventory on Hand Unit Date Quantity Cost Total Cost Quantity Cost Total Cost Quantity Cost Total Cost May 1 14 21 24 Totals