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Question 17 (8 points) Saved Capri Dcor Ltd. holds beginning inventory of 1000 organic cotton crib mattresses at a cost of $102 each, as at
Question 17 (8 points) Saved Capri Dcor Ltd. holds beginning inventory of 1000 organic cotton crib mattresses at a cost of $102 each, as at July 1. during the month of July, the company has recorded the following purchases and sales (see table below). Carpi Dcor is using the perpetual inventory method. The company does not accept returns for these mattresses (i.e. estimated return rate is 0%). Round numbers in your calculations to the nearest cent. Present your answer as plain number, i.e. without thousand separators or currencies. Date Purchases Units Unit Cost in $ 600 102 Sales Unit Price in $ Units 900 189 800 1031 02-Jul 10-Jul 12-Jul 17-Jul 25-Jul 30-Jul 900 189 600 105 a) Using the WEIGHTED AVERAGE COST, determine the cost of goods sold, the cost of the ending inventory, and the weighted average unit cost at the end of the month, and answer the specific questions below. b) Disregard your own calculations of the cost of goods sold and assume they are $147262. Calculate the gross profit margin. (Round the final result to 1 digit after the comma for the %-value, for example: for 34.57% enter 34.6 without %-sign.)
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