Question: Current Attempt in Progress - 1 0 Tamarisk Company uses a perpetual inventory system. Beginning inventory is 4 , 5 0 0 T - shirts

Current Attempt in Progress
-10
Tamarisk Company uses a perpetual inventory system. Beginning inventory is 4,500 T-shirts at a cost $2.50 per shirt. During the year Tamarisk had the following inventory transactions:
Jan. 12 Purchased 900 units
@ 2.15 per unit
Feb. 18 Sold 2,350 units
@ 6.50 per unit
July 1 Purchased 3,000 units
@ 2.65 per unit
Aug. 29 Sold 2,400 units
@ 7.50 per unit
Dec. 19 Purchased -900 units
@ 3.05 per unit
All purchases and sales are on account.
Calculate the cost of goods sold and ending inventory using weighted average. (Round the weighted average cost per unit to 2 decimal places, e.g.15.25 and final answers to 0 decimal places, e.g.5,275.)
Weighted average
Cost of goods sold
$
Ending inventory
$
 Current Attempt in Progress -10 Tamarisk Company uses a perpetual inventory

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