Question 8 $ points One of the methods permited by Generally Accepted Accounting Principle for reporting the value of a firm's inventory is weighted average inventory ancho Pace Design began as a year with an inventory of 950 units valued at $15.9 perunt During the year made the purchases listed in the following tabi Date Units purchased Unit Cos! ($) January 27 785 18 18 July 16 455 15.70 October 25 950 1570 At the end of the year 195 units remained in the inventory For tu mana your answer!) should be founded to the nearest cont Determine The weighted average cost of the units purchased during the year Weighted average cost $ 0.00 by The weighted average cost of the beginning inventory and all snts purchased during the year Weighted average cost = $ 0.00 The value of the ending inventary based on the weighted average cost calculared in Ending inventory = $ 0.00 One of the methods permitted by Generally Accepted Accounting Principle for reporting the value of a firm's inventory is welghted average Inventory pricing Pace Design began its fiscal year with an inventory of 950 units valued at $15.86 per unit. During the year it made the purchases listed in the following table 950 Date Units purchased Unit cost ($) January 27 785 16.18 July 16 455 15.70 October 25 15.70 At the end of the year, 195 units remained in its inventory. For full marks your answer(s) should be rounded to the nearest cent. Determine: a) The weighted average cost of the units purchased during the year. Weighted average cost = $ 0.00 b) The weighted average cost of the beginning inventory and all units purchased during the year. Weighted average cost = $ 0.00 c) The value of the ending Inventory based on the weighted average cost calculated in b). Ending inventory = $ 0.00