The following information relates to Glassworks Ltd's inventory transactions during the month of July. ...

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Accounting

The following information relates to Glassworks Ltd's inventory transactions during the month of July.
All of the units sold were priced at $19 per unit.
Glassworks Ltd. uses the periodic inventory system. Calculate Glassworks' cost of goods sold, gross margin, and ending inventory
for the month of July using:
FIFO
ii. weighted-average
(Round coleulations for cost per unit to 2 decimal places, egs. 10.52 and final enswers to odecind places, eg.61.052)
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