Ontario Skateboard Company has the following inventory and purchases during the fiscal year ended December 31, 2020.

Beginning Inventory310 units @$83/unitMarch10 purchased212units @$85/unitMarch20 sold360units @$173/unitMay13 purchased274units @$80/unitAugust5 purchased265units@$69/unitSeptember10 sold567units @$173/unit

Ontario Skateboard Company employs a perpetual inventory system.

Required:

1.Calculate the dollar value of ending inventory and cost of goods sold using:(Do not round intermediate calculations. Round the final answers to 2 decimal places. Round weighted average all unit costs to two decimal places.)

2.Using your calculations from Part 1, complete the following schedule:(Do not round intermediate calculations. Round the final answers to 2 decimal places. Round weighted average all unit costs to two decimal places.)