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The following are the transactions for the month of July Units Unit Selling Price Unit Cost $10 12 July 1 July 13 July 25 July

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The following are the transactions for the month of July Units Unit Selling Price Unit Cost $10 12 July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory 205 (100) $16 116 Calculate cost of goods available for sale and ending inventory, then 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 nearest whole dollar amount.) Weighted Average (Periodic Units Cost pet Unit Total $ 0 Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit

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