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Would like to see your calculations, please! Monty Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the

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Would like to see your calculations, please!

Monty Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the following purchases and sales of inventory were made: Sales Units Date Jan.5 June 11 Oct. 18 Dec. 20 Purchases Units Cost per unit 11 $1,000 11 1.220 16 1,370 18 1,570 Date July 4 Dec. 29 14 34 Price per unit $2,000 2.000 Calculate the cost of goods available for sale and the number of units of ending inventory. Cost of goods available for sale $ 0 Number of units of ending inventory 0 units e Textbook and Media List of Accounts List of Accounts Assume Monty uses weighted average periodic. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, e.g. 52.75 and final answers to O decimal places, e.g. 5,275.) Ending inventory $ 14,669 Cost of goods sold $ 64,011 Gross profit $ 36.789 e Textbook and Media List of Accounts Assume Monty uses weighted average perpetual. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. e Textbook and Media List of Accounts Assume Monty uses weighted average perpetual. Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, e.g. 52.75 and final answers to decimal places, e.g. 5,275.) Ending inventory $ Cost of goods sold $ Gross profit $ e Textbook and Media List of Accounts Prepare journal entries to record the December 20 purchase and the December 29 sale using (1) weighted average periodic and (2) weighted average perpetual. Assume both the sale and purchase were for cash. (Round final answers to 0 decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Weighted Average periodic Date Account Titles and Explanation Debit Credit Dec. 20 Purchases Cash (To record cash purchase.) Dec. 29 Cash Sales (To record cash sale.) (2) Weighted Average perpetual Date Account Titles and Explanation Debit Credit (2) Weighted Average perpetual Account Titles and Explanation Debit Credit Date Dec. 20 Purchases Cash (To record cash purchase.) Dec. 29 Cash Sales (To record cash sales.) Dec. 29 Cost of Goods Sold Merchandise Inventory (To record cost of goods sold.) e Textbook and Media List of Accounts

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