a$)$ Fill in the missing numbers in the inventory schedule using the weighted$-$average cost inventory valuation method. This company uses the perpetual inventory system.

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

Round all answers to $2$ decimal places. When calculating the unit cost, round to $2$ decimal places as well.

Inventory Schedule

Purchases Sales Balance

Transaction Description Quantity Amount Quantity Amount Quantity Amount

Opening Balance $0$ $ $0$

#$1$ Purchase from DD Co$.500$ $$5,500\mathrm{.}00$ Answer

$Answer

Answer

$Answer

#$2$ Sale to EE Co$.$ Answer

$Answer

Answer

$Answer

$250$ $$2,750\mathrm{.}00$

#$3$ Sale to FF Co$.$ Answer

$Answer

$125$ $Answer

Answer

$Answer

#$4$ Purchase from GGG Co$.80$ $$1,600\mathrm{.}00$ Answer

$Answer

Answer

$Answer

#$5$ Sale to HH Co$.$ Answer

$Answer

$20$ $Answer

Answer

$Answer

b$)$ If the FIFO method had been used, what would the value of COGS been for the sale to HH Co$.?$

COGS $=$ $Answer

c$)$ If the specific identification method had been used, what would the value of COGS been for the sale to HH Co$.?$ Assume $10$ of the units sold to HH Co$.$ were purchased from DD Co and the other $10$ units were purchased from GGG Co$.$

COGS $=$ $Answer

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