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Current Attempt in Progress The following inventory transactions took place for Cullumber Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date Event

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Current Attempt in Progress The following inventory transactions took place for Cullumber Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date Event Quantity $44.25 Jan 1 20,300 opening inventory Jan 5 sale 5,700 76.75 Feb 15 purchase 35,600 43.15 Mar 10 purchase 10,300 47.75 May 20 Sale 42.900 76.75 Aug 22 purchase 14,600 44 25 Sep 12 Sale 20,900 76.75 Nov 24 purchase 10,300 49.50 Dec 5 sale 16,300 76.75 a Calculate the ending Inventory balance for Cullumber Ltd. assuming the company uses a perlodic inventory system and the weighted average cost formula Also calculate the per-unit cost of the last item sold. (Round welghted average cost and unit costs of next unit to be sold to 2 decimal places, es 52.75 and ending inventory to decimal placet, e8,5275) $ Ending inventory Unit cost of the last item sold $ eTextbook and Media or Attempts: 0 of 1 used Submit

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