During the year, a company has the following inventory transactions. Number of Units 40 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 120 Unit Cont $ 32 34 37 38 190 100 Total Cost $ 1,280 4,080 7,030 3,800 $16, 190 450 For the entire year, the company sells 400 units of inventory for $50 each. 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Good Sold Weighted Average Cost Ending Inventory-Welghted Average cost Weighted Average Cost of Goods # of units Cost per # of units Cont # of units Ending Available for Cost per Unit in Ending Cost per unit unit Sold Goods Sold Sale Inventory Inventory Cost 40 $ 1,280 Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 120 190 4,080 7.030 3,800 16.190 100 450 S 3. Using weighted average cost, calculate ending Inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost per unit" to 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold Weighted Average Ending Inventory - Weighted Average Cost Cost Wolghted Averago Cost of Goods Cost Cost per # of units of units of units Available for Cost of unit Cost per Unit Sold Ending in Ending Cost per unit Sale Goods Sold Inventory Inventory Beginning Inventory 40 $ 1,280 Purchases: Apr 07 120 4,080 Jul 16 100 7.030 Oct 06 100 3.800 Total 450 $ 16,190 Sales revenue Gross profit