Question: Can you please explain how to get the cost per unit for COGS? M7-6 Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost

Can you please explain how to get the cost per unit for COGS?Can you please explain how to get the cost per unit for M7-6 Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic FIFO, LIFO, and Weighted Average Cost

Units Unit Cost Unit Selling Price
July 1 Beginning Inventory 48 $ 10
July 13 Purchase 240 13
July 25 Sold ( 100 ) $ 15

July 31 Ending Inventory 188

(c) Weighted Average Cost Answer is complete but not entirely correct vera Periodic Cost per Unit Units Total 48 S 10.00 240 S 13.00 Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory 480 3,120 3,600 1,150 $ 2,450 100 s 11.50 Weighted Avera Periodic Sales Cost of Goods Sold Gross Profit $1,500 1,150 $ 350

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