Weighted Average Cost Method with Perpetual Inventory The beginning inventory for Midnight Supplies and data on purchases and sales for a th Number of Units Per Unit Total 7,400 $518,000 $70.00 80.00 22,200 11,100 1,776,000 1,554,000 518,000 3,700 140.00 140.00 Date Transaction Jan. 1 Inventory 10 Purchase 28 Sale 30 Sale Feb. 5 Sale 10 Purchase 16 Sale 28 Sale Mar. 5 Purchase 14 Sale 25 Purchase 30 Sale 82.50 150.00 1,480 53,280 26,640 25,160 44,400 29,600 7,400 25,900 150.00 84.50 150.00 85.00 150.00 207,200 4,395,600 3,996,000 3,774,000 3,751,800 4,440,000 629,000 3,885,000 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory red average cost method. Round unit cost to two decimal places, if necessary. Round all total cos Check My Work Q Bi