Blossom Company uses a perpetual inventory system. The company began 2024 with 800 lamps in inventory at a cost of $10 per unit.

During 2024, Blossom had the following purchases and sales of lamps:

February 15

April 24

June 6

October 18

December 4

Purchased

Sold

Purchased

Sold

Purchased

1,600 units @ $16 per unit

2,000 units @ $28 per unit

2,800 units @ $21 per unit

1,600 units @ $31 per unit

1,120 units @ $24 per unit

All purchases and sales are on account.

(a)

Calculate the cost of goods sold and ending inventory using weighted average. (Round the weighted average cost per unit to 2 decimal places, e.g. 5.27 and final answers to 0 decimal places, e.g. 5,275.)