Required information [The following information applies to the questions displayed below.) The following are the transactions for the month of July Unit Selling Price Unit Cost $ 10 13 July 1 July 13 July 25 July 31 Units 53 265 (100 218 Beginning Inventory Purchase Sold Ending Inventory 515 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, ond gross profit, under weighted average cost. Assume a periodic Inventory system is used Sm K Prev 3 of 12 Next > 2 DI 80 F RI lla earch www. Required information Required A Required B Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume 2 used. (Round "Cost per Unit" to 2 decimal places and your final answers to the nearest whole Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit 1,500 1,267 X 233 X $