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Tiger Corp. uses a perpetual weighted average inventory system. The following information was available for the month of August: Beginning Inventory 2 5 units at

Tiger Corp. uses a perpetual weighted average inventory system. The following information was available for the month of August:
Beginning Inventory 25 units at $12 per unit
August 510 units purchased at $13 per unit
August 1815 units purchased at $14 per unit
If Tiger Corp sold 12 units for $25 per unit on August 15, what is the COGS on the date of the sale? What is ending inventory at August 31?
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Aug 15 COGS: $153.60
Aug 31 Ending Inventory: $486.40
Aug 15 COGS: $153.60
Aug 31 Ending Inventory: $192
Aug 15 COGS: $147.43
Aug 31 Ending Inventory: $492.57
Aug 15 COGS: $163.20
Aug 31 Ending Inventory: $476.80

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