Question: 5 274 14 PE7-48 Perpetual inventory using weighted average 08.3 Show Me Beginning inventory, purchases, and sales for WCS12 are as follows: Oct 1 Inventory

5 274 14 PE7-48 Perpetual inventory using weighted average 08.3 Show Me Beginning inventory, purchases, and sales for WCS12 are as follows: Oct 1 Inventory 300 units at 58 13 Sale 175 units 22 Purchase 375 units at 510 29 Sale 280 units Assuming a perpetual inventory system and using the weighted average method, deter- mine (a) the weighted average unit cost after the October 22 purchase, (b) the cost of the merchandise sold on October 29, and (c) the inventory on October 31. Page 376 PE7-48 Assuming a perpetual Inventory system and using the Weighted average method, determine the weighted average unit cost after the July October 22nd purchase, the cost of goods sold on October 29, and the inventory on October 31 Weighted Average Unit Cost = 2090 Inventory Cost = 9.50 Cost of Goods Sold 2660 Weighted Average Unit Cost = 9.50 Inventory Cost = 2090 Cost of Goods Sold = 2660 Weighted Average Unit Cost = 9.50 Inventory Cost - 500 Cost of Goods Sold = 4750 Weighted Average Unit Cost = 9.50 Inventory Cost = 2090 Cost of Goods Sold = 26.600 Cliet Sase and Submit to save and submit. Click Savelas
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
