Golfer's Favorite carries an inventory of putters and other golf clubs. The sales price of each putter is $105. Company records indicate the following for a particular line of Golfer's Favorite's putters: (Click the icon to view the records.) Read the requirements Requirement 1. Prepare Golfer's Favorite's perpetual inventory record for the putters assuming Golfer's Favorite 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 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. chronological order, calculating new inventory on hand balances after each transaction. Once all of Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Total Unit Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Jun. 1 iRequirements i Data Table 1. Prepare Golfer's Favorite's perpetual inventory record for the putters assuming Golfer's Favorite 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 Quantity Unit Cost $ 53 Date Item Jun. 1 Balance 24 6 Sale 20 8 Purchase 30 70 17 Sale 30 30 Sale 2 2. Journalize Golfer's Favorite's inventory transactions using the weighted-average inventory costing method. (Assume purchases and sales are made on account.) Print Done Print Done