6. Use the weighted average costing method. 7. Complete the journal entries

neyear purc Date Activities January Beginning inventory January 3 Sales February 14 Purchase February IS Sales June 30 Purchase November Sales November 19 Purchase Totals 6. OATE hases an sales for its oniy product. Units Acquired at Cost 40 units 70 units 90 units 20 units 220 units $80 S 210 s 360 s 100 $ 750 unit Said at Retail 20 units 60 units 86 units 176 units Use the weighted average costing method. Purchases # Units Cost purchased per unit Total cost Quantity COGS Unit cost PR Inventor/ on hand Total cost Debit Quantity Unit cost Credit Total cost 7. Date Complete the journal entries. Explanation