Inventory data for Larkspur Company are reported as follows: Date June 1 12 23 Beginning inventory Purchase Explanation Purchase Ending inventory Cost of goods sold $ Number of Units tA 440 $ 640 540 Unit Cost $5 Weighted Average 6 Assume a sale of 680 units occurred on June 15 for a selling price of $8 and a sale of 600 units on June 27 for $9. On June 30, 340 units remain in inventory. 7 Calculate the cost of ending inventory and cost of goods sold on June 30 under weighted average. (Round the weighted average cost per unit to 3 decimal places, e.g. 5.271 and final answers to 2 decimal places, e.g. 5,275.75.) Total Cost $2,200 3,840 3,780

Inventory data for Larkspur Company are reported as follows: Assume a sale of 680 units occurred on June 15 for a selling price of $8 and a sale of 600 units on June 27 for $9. On June 30, 340 units remain in inventory. Calculate the cost of ending inventory and cost of goods sold on June 30 under weighted average. (Round the weighted average cost per unit to 3 decimal places, e.g. 5.271 and final answers to 2 decimal places, e.g. 5,275.75.)