You are given the following information for Sandhill Company for the month ended November 30, 2021:

Date		Description		Units					Unit Price
Nov. 1		Beginning inventory			60				$50
9		Purchase			100				44
15		Sale			(125	)
22		Purchase			145				42
29		Sale			(160	)
30		Purchase			49				41

Sandhill Company uses a perpetual inventory system. All sales and purchases are on account.

(a)

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Calculate the cost of goods sold and the ending inventory using weighted average. (Round the weighted average cost per unit to two decimal places, e.g. 5.27 and final answers to 2 decimal places, e.g. 5,275.75.)

Cost of goods sold		$
Ending inventory		$

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(b)

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(c)

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