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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

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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 Unit Cost $ 10 13 Units 50 250 (100) 200 $ 15 Required: a. Calculate cost of goods available for sale and ending Inventory under weighted average cost. Assume a periodic Inventory system is used b. Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic Inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places) Units Cost per Unit Total Weighted Average (Periodic) Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory $ $ 0 0 g 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 Unit Cost $ 10 13 Units 50 250 (100) 200 $ 15 Required: a. Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used b. Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per unit to 2 decimal places and your final answers to the nearest whole dollar amount.) Weighted Average. (Periodic) Sales Cost of Goods Sold Gross Profit

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