Question: Bishr Company uses the moving weighted average method for inventory costing. You are to complete the following inventory sheet regarding Product XJ23789 (round calculations to

Bishr Company uses the moving weighted average method for inventory costing. You are to complete the following inventory sheet regarding Product XJ23789 (round calculations to two decimal places):

Purchases/Transportation-In/ (Purchase Returns/Discounts) Cost of Goods Sold/ (Returns to Inventory) Balance in Inventory Units Cost/Unit Total Units Cost/Unit Total S Units Avg Cost/Unit Total $ 150.00 Date Jan. Brought Forward 10 $15.00 7 25 $18.50 8 17 18 $462.50 50.00 (46.25) 14

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