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Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month

Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month of March 2020. Complete the inventory sheet. (Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negative value should be indicated with minus sign. Round your intermediate and final answers to 2 decimal places.)

Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost of Goods Sold/(Returns to Inventory) Balance in Inventory
Date Units Cost/Unit Total $ Units Cost/Unit Total $ Units Avg Cost/Unit Total $
Mar. 1 63 Brought Forward $5,922.00 63 63 $94.00 $5,922.00
2 38 $96.00 3,648.00 63 101
3 101 25 76
4 76 (5) 81
7 81 62 19
17 43 97.00 4,171.00 62
28 62 46 16
Totals 464 Goods Available for Sale 254 Goods Sold Ending Inventory

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