Question: Use the weighted average inventory method to calculate the cost of goods sold for the inventory table shown below. Units Cost per Retail price Total

 Use the weighted average inventory method to calculate the cost of

Use the weighted average inventory method to calculate the cost of goods sold for the inventory table shown below. Units Cost per Retail price Total retail Date of purchase purchased unit Total cost per unit value Beginning inventory 43 $860 $36,980 $985 $42,355 February 5 20 $1,760 $35,200 $2,125 $42,500 February 19 16 $965 $15,440 $2,006 $32,096 March 3 29 $470 $13,630 $590 $17, 110 Goods available for sale 108 $101,250 $134,061 Units sold 83 Ending inventory 25 $ (Round to the nearest cent as needed.)

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