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Exercise $6-9$ Moving weighted average cost flow assumption$-$perpetual LO$2,3$

Telamark Company uses the moving weighted average method for inventory costing.

Required:

The following incomplete inventory sheet regarding Product W$506$ is available for the month of March $2023.$ Complete the inventory sheet. $($Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negative value should be indicated with minus sign. Round your intermediate and final answers to $2$ decimal places.$)$

$\backslash$table$[[$Date$,$Purchases$/$Transportation$-$In$/($PurchaseReturns$/$Discounts$),$Cost of Goods Sold$/($Returns to Inventory$),$Balance in Inventory$],[$Units$,$Cost$/$Unit$,$Total $$,$Units,Cost$/$Unit$,$Total $$,$Units,,,,tal $$],[\backslash$table$[[$Mar$,],[,],[,],[,],[,],[,],[,17],[,28]],1,,$Brought Forward,,,,,$51,$$$,93\mathrm{.}00,$$$,4,743\mathrm{.}00],[2,26,$$ $95\mathrm{.}00,,,,,,,,,],[3,,,,41,,,,,,,],[41,,,,(21),,,,,,,],[7,,,,46,,,,,,,],[17,31,98\mathrm{.}00,,,,,,,,,],[28,,,,34,,,,,,,],[$Totals$,,$Goods Available for Sale,,,Goods Sold,,,,tory,,$*]]4$

$10$ points

eBook

Print

References

Exercise $6-9$ Moving weighted average cost flow assumption$-$perpetual LO$2,3$

Telamark Company uses the moving weighted average method for inventory costing.

Required:

The following incomplete inventory sheet regarding Product W$506$ is available for the month of March $2023.$ Complete the inventory sheet. $($Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negative value should be indicated with minus sign. Round your intermediate and final answers to $2$ decimal places.$)$

$\backslash$table$[[$Date$,$Purchases$/$Transportation$-$In$/($PurchaseReturns$/$Discounts$),$Cost of Goods Sold$/($Returns to Inventory$),$Balance in Inventory$],[$Units$,$Cost$/$Unit$,$Total $$,$Units,Cost$/$Unit$,$Total $$,$Units,,,,tal $$],[\backslash$table$[[$Mar$,],[,],[,],[,],[,],[,],[,17],[,28]],1,,$Brought Forward,,,,,$51,$$$,93\mathrm{.}00,$$$,4,743\mathrm{.}00],[2,26,$$ $95\mathrm{.}00,,,,,,,,,],[3,,,,41,,,,,,,],[41,,,,(21),,,,,,,],[7,,,,46,,,,,,,],[17,31,98\mathrm{.}00,,,,,,,,,],[28,,,,34,,,,,,,],[$Totals$,,$Goods Available for Sale,,,Goods Sol