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Synergy Company began 2023 with 22.500 units of Product X in its inventory that cost $8.20 per unit, and it made successive purchases of the
Synergy Company began 2023 with 22.500 units of Product X in its inventory that cost $8.20 per unit, and it made successive purchases of the product as follows. The company uses a periodic inventory system. On December 31, 2023, a physical count disclosed that 18,500 units of Product x remained in inventory Required: 1. Calculate the number and total cost of the units available for sale during-2023. 2. Prepare calculations showing the amounts that thould be assigned to the 2023 ending inventory and to cost of goods sold, assuming: b. Weighted average cost basis (Round the "Averoge cost per unit" answer to 2 decimal places.)
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