Question: CANOWI now.com/kisignment/keAdhignmentMain door extensionLocatorprogresse Perpetual tventory Using Weighted Average Beginning inventory, purchases, and sales for WC512 wre as follows: Oct. 1 Inventory 300 units at
CANOWI now.com/kisignment/keAdhignmentMain door extensionLocatorprogresse Perpetual tventory Using Weighted Average Beginning inventory, purchases, and sales for WC512 wre as follows: Oct. 1 Inventory 300 units at 58 13 Sale 175 units 22 Purchase 375 units at $10 29 Sale 280 units a. Assuming a perpetual Inventory system and using the weighted average cost method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. X per unit b. Assuming a perpetual Inventory system and using the wel ed average method, determine the cost of goods sold on October 29. Round your "average unit cost to two decimal places c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your average unit cost to two decimal places. F Check My Wor When the average cost method is used in a perpetua inventory system an average unit cost for them is computed each time a purchase is made. This unit cost is used to determine the cost of each sale under purchase is made and a new average scooted Linn Olective more Check My Work uses remaining PR 6-1A HANDOU.pdf a WRO FM Show CE * 11:42 PM 3/24/2021
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
