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Triplex Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are

Triplex Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are identical (homogenous). The opening balance unit price is $12 per unit. Complete the following schedule to calculate the value of ending inventory using the weighted-average cost method under the perpetual inventory system. Then calculate the cost of goods sold for the year 2022.

Do not enter dollar signs or commas in the input boxes.

Round all answers to 2 decimal places.

Date Purchases Sales Balance
Quantity Cost Quantity Cost Quantity Value
Jan 14 100 $Answer
Feb 25 12 $13.00 112 $Answer
Mar 14 20 $15.00 132 $Answer
Apr 6 35 $12.55 97 $Answer
Jul 13 12 $17.00 109 $Answer
Sep 22 36 $13.03 73 $Answer
Nov 13 27 $13.04 46 $Answer

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