Question: Use the weighted average (AVG) cost allocation method, with perpetual Inventory updating to calculate () sales revenue, (b) cost of goods sold, and (c) gross

Use the weighted average (AVG) cost allocation method, with perpetual Inventory updating to calculate () sales revenue, (b) cost of goods sold, and (c) gross margin for A7s Company, considering the following transactions, Round your intermediate calculations to 2 decimal places and final answers to nearest whole dollar Number Unit of Units Cost 120 $47 Beginning Inventory Purchased Mar. 2 Sold Mar. 31 for $70 per unit 150 49 84 (a) Sales Revenue 5,880 (b) Cost of Goods Sold (c) Gross Margin

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