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Number of Unit Date Jan. 1 May. 5 Nov. 3 Transaction Units Cost Total Cost Beginning inventory 50 $ 64 $ 3,200 Purchase Purchase

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Number of Unit Date Jan. 1 May. 5 Nov. 3 Transaction Units Cost Total Cost Beginning inventory 50 $ 64 $ 3,200 Purchase Purchase 290 67 19,430 240 72 580 17,280 $39,910 Calculate ending inventory and cost of goods sold for the year, assuming the company uses weighted-average cost. (Round your average cost per unit to 4 decimal places.) Weighted Average Cost # of units Cost per Cost of Goods Available for Sale Average Cost of Goods Available for Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost unit Sale # of units Average Cost Cost of Goods sold per Unit Sold # of units in ending inventory Average Cost per unit Ending Inventory Beginning Inventory 50 $ 3,200 Purchases: May 5 Nov.3 Total 290 19,430 240 17,280 580 $ 39,910 550 $ 0.00 $ 0.00

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