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Current Attempt in Progress Carla Vista Company uses a perpetual inventory system. The company began 2024 with 800 lamps in inventory at a cost of
Current Attempt in Progress Carla Vista Company uses a perpetual inventory system. The company began 2024 with 800 lamps in inventory at a cost of $11 per unit. During 2024, Carla Vista had the following purchases and sales of lamps: February 15 Purchased 1.600 units @$17 per unit April 24 Sold 2,000 units @$29 per unit June 6 Purchased 2.800 units @$22 per unit October 18 Sold 1,600 units @ $32 per unit December 4 Purchased 1.120 units @ $25 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, eg. 5.27 and final answers to O decimal places, eg. 5,275.) Weighted Average Cost of goods sold $ Ending inventory $
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