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Thomas's Televisions produces television sets in three categories: portable, midsize, and Mat-screen. On January 1, 2020, Thomas adopted dollar value UFO and decided to use

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Thomas's Televisions produces television sets in three categories: portable, midsize, and Mat-screen. On January 1, 2020, Thomas adopted dollar value UFO and decided to use a single inventory pool. The company's January 1 Inventory consists of: Category Portable Midsize Quantity Cost per Unit 9,000 $100 12,000 250 4,500 400 25,500 Total Cost $ 900,000 3,000,000 1,800,000 $5,700,000 Flat-screen During 2020, the company had the following purchases and sales. Category Portable Midsize Flat-screen Quantity Purchased Cost per Unit 22,500 $110 30,000 300 15,000 500 67,500 Quantity Selling Price Sold per Unit 21,000 $150 36,000 400 9,000 600 66,000 Calculate price index. (Round price index to 4 decimal places, e.g. 1.4562.) Price index Compute ending inventory, cost of goods sold, and gross profit. (Round answers to o decimal places, e.. 6,548.)

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