PQR Supermarket purchases a specific type of cereal throughout the month of February 2023. The purchase and sales data for the month are as follows: February 1st: Beginning inventory - 100 units at $5 each February 10th: Purchase - 200 units at $6 each February 15th: Purchase - 150 units at $7 each February 20th: Purchase - 180 units at $8 each February 25th: Sales - 300 units .

Calculate the cost of goods sold (COGS) and the ending inventory using the weighted average method as of February 28th, 2023

Answer rating: 100% (QA)

To calculate the Cost of Goods Sold COGS and the ending inventory using the weighted average method ... View the full answer