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The following is known about YCC Company's Inventory: 371 01-Mar Opening Balance 07-Mar Purchase 10-Mar Sale 18-Mar Purchase 23-Mar Purchase 31-Mar Sale #of units Cost/Price

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The following is known about YCC Company's Inventory: 371 01-Mar Opening Balance 07-Mar Purchase 10-Mar Sale 18-Mar Purchase 23-Mar Purchase 31-Mar Sale #of units Cost/Price $50 241 $58 50 $120 45 $64 421 $67 77 $120 The company uses the Weighted Average Method of tracking inventory. Required: Based on the information above: a.) Prepare the company's inventory record. b.) Compute the Sales, COGS and Gross Profit. c.) Record the journal entry for the March 10 transaction. Round all decimals to TWO decimal places

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