Novak Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the following purchases and sales of inventory were made: Purchases Sales Date Price per Units Cost per unit Date Units unit Jan. 5 12 $1,000 July 4 13 $2,100 June 11 12 1,160 Dec. 29 35 2,100 Oct. 18 14 1,280 Dec. 20 22 21 1,450 Calculate the cost of goods available for sale and the number of units of ending inventory. Cost of goods available for sale Cost of goods available for sale $ Number of units of ending inventory Question Part Score units Assume Novak uses weighted average periodic. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, e.g. 52.75 and final answers to O decimal places, eg 5,275.) Ending inventory $ Cost of goods sold $ Gross profit $ --/2 Assume Novak uses weighted average perpetual. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5.275.) Ending inventory $ Cost of goods sold $ Gross profit $ Prepare journal entries to record the December 20 purchase and the December 29 sale using (1) weighted average periodic and (2) weighted average perpetual. Assume both the sale and purchase were for cash. (Round final answers to 0 decimal places. e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Weighted Average periodic Date Dec. 20 Account Titles and Explanation Dec. 29 (To record cash purchase.) (To record cash sale.) Debit Credit (2) Weighted Average perpetual Date Account Titles and Explanation Debit Credit Dec. 20 Dec. 29 Dec. 29 (To record cash purchase.) (To record cash sales.) (To record cost of goods sold.)