Inventory Costing Methods and the Periodic Method Kay & Company experienced the following events in March: Event Date Mar. 1 Mar. 3 Sold inventory Mar. 15 Purchased inventory Mar. 20 Sold inventory If Kay & Company uses the weighted-average cost method, calculate the company's cost of goods sold and ending inventory as of March 31 assuming the periodic method. (Round answer to two decimal places, if needed.) Purchased inventory Unit Total Units Cost Cost 100 @ $16 $1,600 60 100 @ 40 Weighted-average cost per unit $ $ $ Cost of goods sold Ending inventory 18 $1,800

Inventory Costing Methods and the Perlodic Method Kay co company experienced the fallowing events in Marth (Aound acoswer to two decimal places if needed.)