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Given the following: Number purchased Cost per unit Total January 1 inventory 55 $ 4 $ 220 April 1 75 7 525 June 1 65

Given the following:

Number purchased Cost per unit Total

January 1 inventory 55 $ 4 $ 220

April 1 75 7 525

June 1 65 8 520

November 1 70 9 630

total number purchased 265

Total $ 1,895

a. Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 76 units). (Round the "average unit cost" and final answer to the nearest cent.)

b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediate calculations and final answer to the nearest cent.)

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