Please answer in detail.

Additional Problem 8 The following inventory transactions took place for Crane Ltd. for the year ended December 31, 2017: Cost/ Selling Event Date an 1 opening inventory 20,200 $47.50 Jan 5 sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale Quantity Price 6,000 77.00 35,600 41.50 10,100 48.25 41,000 77.00 15,300 45.00 19,000 77.00 11,000 52.25 14,900 77.00 Calculate the ending inventory balance for Crane Ltd., assuming the company uses a periodic inventory system and the weighted average cost formula. Also calculate the per-unit cost of the last item sold (Round weighted average cost and unit costs of next unit to be sold to 2 decimal places, e.g. 52.75 and ending inventory to 0 decimal places, e.g. 5,275.) Ending inventory Unit cost of the last item sold