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Question 3 of 4 Question 4 of 5 View Policies 0 . 6 7 1 2 Show Attempt History Current Attempt in Progress Sheffield Corporation

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Sheffield Corporation opened a new store on January 1,2024. During 2024, the first year of operations, the following purchases and sales of inventory were made:
\table[[Purchases,Sales],[Date,,Units,Cost per unit,Date,,Units,Price per unit],[Jan.,5,10,$1,100,July,4,15,$2,100],[June,11,10,1,330,Dec.,29,34,2,100],[Oct.,18,16,1,450,,,,],[Dec.,20,18,1,690,,,,]]
(a) c, ssume Sheffield uses weighted average perpetual..
Calculate the cost of ending inventory, cost of goods sold, and gross profit. (Round the weighted average cost per unit to 2 decimal places, e.g.52.75 and final answers to 0 decimal places, e.g.5,275.)
Ending inventory
Cost of goods sold
Gross profit ssume Sheffield uses weighted average perpetual..
Calculate the cost of ending inventory, cost of goods sold, and gross profit. (Round the weighted average cost per unit to 2 decimal places, e.g.52.75 and final answers to 0 decimal places, e.g.5,275.)
Ending inventory
Cost of goods sold
Gross profit

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