The following transactions occurred for the month of May. 

Date			Units	Cost	Total	Sales Price
1-May	Beginning Balance		80	15	$1,200
2-May	Purchase		75	16	$1,200
3-May	Purchase		65	14	$910
10-May	Sale		120			$40
15-May	Purchase		35	17	$595
17-May	Sale		40			$40
30-May	Sale		90			$40

 

Calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under Weighted Averages.   Do not round the unit cost.  Do round total costs to the nearest cent on each transaction.

End of the month totals

Cost of Goods Sold	$
Ending Inventory	$
Gross Profit	$