Date Goods Purchased Cost of Goods Sold Inventory Balance 100$ 91 -$ 910 (10 a $91 per unit) Aug 1 Beginning balance Aug 3 15 a 5106 $1590 100$ 91 15 $106 $2.500 (25 a $100 per un Aug 14 20 $100 - $2.000 5 $100 - $ 500 (5 $100 per un Aug 17 20 $115 $2,300 5 a $100 200 $115 $2.800 (25 s 12 perung Aug 28 10 $119 - $1190 25 $112 10 $119 $3.990 35 $114 per un Aug 30 23 $144 - 52.622 120 $14 *13682 $114 per un 54,622 $100 per unit $2.500 inventory balance - 25 units in inventory b $100 per 5500 inventory balance-5 units in inventory c$112 per 152.800 inventory balance - 25 units in inventory d $114 per unit 53.990 inventory balance - 35 units in inventory 114 per unit ($1368 viventory balance 12 units in inventory Book rences Knowledge Check 01 Intercontinental, Inc., uses a perpetual inventory system. Consider the following information about its inventory: July 1, purchased 10 units for $910 or $91 per unit: July 3, purchased 15 units for $1.590 or 5106 per unit: July 14, sold 20 units: July 17. purchased 20 units for $2,300 or $115 per unit: July 28, purchased 10 units for $1,190 or $119 per unit: July 31, sold 23 units. Using weighted average, the cost of goods sold for the sale of 23 units on July 31 is and the inventory balance at July 31 is Cost of goods sold Inventory balance