Question: Beginning inventory purchases and sales for ZT901 are as follows

Beginning inventory, purchases, and sales for ZT901 are as follows:

.:.
Assuming a perpetual inventory system and using the weighted average method, determine
(a) The weighted average unit cost after the July 15 purchase,
(b) The cost of the merchandise sold on July 27,
(c) The inventory on July 31.


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  • CreatedFebruary 28, 2014
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