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Current Attempt in Progress Inventory data for Sage Hill Company are reported as follows: Assume a sale of 490 units occurred on June 15 for
Current Attempt in Progress Inventory data for Sage Hill Company are reported as follows: Assume a sale of 490 units occurred on June 15 for a selling price of $8 and a sale of 410 units on June 27 for $9. On June 30,150 units remain in inventory. Calculate the cost of ending inventory and cost of goods sold on June 30 under weighted average. (Round the weighted average cost per unit to 3 decimal places, e.g. 5.271 and final answers to 2 decimal places, e.g. 5,275.75
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