Show Attempt History Current Attempt in Progress Saddlery Company sells leather saddles and equipment for horse enthusiasts. Saddlery uses the periodic inventory system. The following schedule relates to the company's inventory for the month of May: Cost Sales May 1 Beginning inventory 90 units $58,500 5 Sale 60 units $50,700 9 Purchase 30 units $21,450 13 Purchase 120 units $93,600 24 Sale 120 units $109,200 27 Sale 30 units $31,200 30 Purchase 45 units $38,610 (a2) Calculate Saddlery Company's cost of goods sold, gross margin, and ending inventory using weighted- average. (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 2 decimal places, e.g. 610.52.) Cost of goods sold $ Gross margin $ Ending Inventory Save for Later Attempts: 0 of 2 used Submit