Required information [The following information applies to the questions displayed below.] The following are the transactions for the month of July. Unit Selling Price July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory Units Unit Cost 54 $10 270 12 (100) 224 $16 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under weighte average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers nearest whole dollar amount.) Answer is not complete. Weighted Average (Periodic) Total Cost Units per Unit 54 S 10.00 270S 12.00 IS 540 3,240 3,780 0 100 Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Salos Cost of Goods Sold Gross Profit GI Next >