The following are the transactions for the month of July.

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, and gross profit, under weighted average cost. Assume a periodic inventory system is used.

Complete this question by entering your answers in the tabs below.

Required B

Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is

used. $($Round "Cost per Unit" to $2$ decimal places and your final answers to the nearest whole dollar amount.$)$