Simplex Company has a fiscal year end on December The company has only one product in inventory, and all units of that product are identical homogenous The opening balance unit price is $ per unit. Complete the following schedule to calculate the value of ending inventory using the weightedaverage cost method under the perpetual inventory system. Then calculate the cost of goods sold for the year

Do not enter dollar signs or commas in the input boxes.

Round all answers todecimal places.

Date Purchases Sales Balance

Quantity Cost Quantity Cost Quantity Value

Jan $Answer

Feb $$Answer

Mar $$Answer

Apr $$Answer

Jul $$Answer

Sep $$Answer

Nov $$Answer

Required

Calculate the cost of goods sold.

Cost of Goods Sold $Answer