Determine the cost of ending inventory using the unweighted average inventory costing method.

Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Golf Unlimited's putters: (Click the icon to view the records.) Read the requirements, Requirement 1. Prepare Golf Unlimited's perpetual inventory record for the putters assuming Golf Unlimited uses the weighted-average inventory costing method. Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Purchases Cost of Goods Sold Unit Total Unit Total Inventory on Hand Unit Total Quantity Cost Cost 24 $ 53 $ 1,272 Date Quantity Cost Cost Quantity Cost Cost Nov. 1 Nov. 6 20$ 53 $ 1,060 4 $ 53 $ 212 Nov. 8 30$ 70 $ 2,100 34 $ 68 $ 2,312 Nov. 17 30$ 68 $ 2,040 4 $ 68 $ 272 Nov. 30 2 $ 68 $ 136 2 $ 68 $ 136 $ 2,100 30 $ $ 3,236 136 2 Totals 52 2 Date Item Quantity Unit Cost Nov. 1 Balance 24 69 53 6 Sale 20 8 Purchase 30 70 Sale 30 30 Sale 2 Determine the cost of ending inventory using the weighted average inventory costing method. The cost of ending inventory using the weighted average inventory costing method is $