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The following transactions occurred for the month of May Date Units Cost Total|Sales Price 9] 1-May Beginning Balance 75 14 $1,050 2-May Purchase 65 15

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The following transactions occurred for the month of May Date Units Cost Total|Sales Price 9] 1-May Beginning Balance 75 14 $1,050 2-May Purchase 65 15 $975 80 13 $1,040 90 45 16 $720 60 95 3-May Purchase 10-May Sale 15-May Purchase 17-May Sale 30.May Sale $30 $30 S30 Create a perpetual inventory record then calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under Weighted Averages. HINT Do NOT round the unit coss,meaning leave at5 decimal places for all ransaction Cost of Goods Sold Purchases month under Weighted Averages. HINT: De NOT round the unit cost, meaning leave at 5 decimal places for all calculasions The only lime yeu reund in when you enter the mambers into MyOpen Math Oherise, ALL calculations should be completed with unrounded numbers. Do round total costs to the nearest cent on each Inve Cost of Goods Sold Purchases Unit Total Cost Quantity Unit Co Total Cost Quantity Unit Cost Dates Quantity Cost May May May May 10 May 15 May 17 May 30 End of the month totals Cost of Goods Sold S Ending Inventory S Gross Profit

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