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Required information The following information applies to the questions displayed below. Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel

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Required information The following information applies to the questions displayed below. Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Units Unit Cost Total Cost $ 270 $ 4,320 Transactions Beginning inventory Sale Purchase Sale Purchase 260 Date June 1 June 7 June 12 June 15 June 24 June 27 June 29 2,600 250 2.500 Sale Purchase 240 1.920 $11,340 4. Using weighted average cost, calculate ending inventory and cost of goods sold at June 30. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold

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