Question: A company uses the weighted average method to value its inventory. The following transactions occurred during the period: Beginning Inventory: 5 0 units at $

A company uses the weighted average method to value its inventory. The following transactions occurred during the period:
Beginning Inventory: 50 units at $15 per unit
Purchase 1: 100 units at $18 per unit
Purchase 2: 80 units at $20 per unit
Sale: 190 units Calculate:
The cost of goods sold (COGS).
The value of ending inventory.
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