[The following information applies to the questions displayed below.] Park Company reported the following March purchases and sales data for its only product. Units sold at Retail Units Acquired at Cost 150 units @ $ 7.00 = $ 1,050 95 units @ $15 Date Activities Mar. 1 Beginning Inventory Mar. 10 Sales Mar. 20 Purchase Mar. 25 Sales Mar. 30 Purchase 220 units @ $6.00 = 1,320 140 units @ $15 90 units @ $5.00 = 450 Totals 460 units $ 2,820 235 units Park uses a perpetual inventory system. For specific identification, ending inventory consists of 225 units, where 90 are from the March 30 purchase, 80 are from the March 20 purchase, and 55 are from beginning inventory. 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to three decimal places.) Inventory on hand Cost of Goods Sold Perpetual Average Cost per # of units Cost of Goods Sold Inventory # of units Avg.Cost Value sold per unit unit 150 $ 7.000 $ 1,050 (95) 7.000 (665) 95 $ 7.000 $ 665 Beginning Inventory Sale - March 10 Subtotal Average Cost Purchase - March 20 55 7.000 385 220 6.000 1,320 Subtotal Average Cost 275 6.200 1,705 Sale - March 25 (140) 6.200 (868) 140 $ 6.200 $ 868 135 6.200 837 Subtotal Average Cost Purchase - March 30 90 5.000 450 Total 225 $ 1,287 235 $ 1,533