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The following information relates to Cranes Kitchen Ltd.s inventory transactions during the month of March....

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Accounting

The following information relates to Cranes Kitchen Ltd.s inventory transactions during the month of March.
March 1)
Beginning inventory
Units: 10,200
Cost/Unit: $18
Amount: $183,600
7) Sale
Units: 6,800
Cost/Unit: blank
Amount: blank
12) Purchase
Units: 4,250
Cost/Unit: $20
Amount: $85,000
16) Purchase
Units: 1,360
Cost/Unit: $20
Amount: $27,200
18) Sale
Units: $4,250
Cost/Unit: blank
Amount: blank
27) Purchase
Units: $6,800
Cost/Unit: $23
Amount: $156,400
March 29) Sale
Units: $5,950
Cost/Unit: blank
Amount: blank
All of the goods were priced at $65 per unit.
Question 2:
Sheridan Kitchen Ltd. Uses the periodic inventory system.
Calculate Sheridan Kitchens cost of goods sold, gross margin, and ending inventory for the month of March using weighted average. (Round calculations for cost per unit to 2 decimal places, e.g., 10.52 and final answers to 0 decimal places, e.g., 61,052.)
a) Costs of goods sold:
b) Gross margin:
c) Ending Inventory:

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