cation) v2.cengagenow.com Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory Oct. 13 Oct. 22 Purchase Oct. 29 Sale Sale 320 units at $20 200 units 380 units at $22 Feedback 300 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. per unit b. Assuming a perpetual inventory system and using the weighted 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. Check My Work When the weighted average cost method is used in a perpetual inventory system, a weighted average unit cost for each item is computed each time a purchase is made. This unit cost is used to determine the cost of each sale until another purchase is made and a new average is computed. ?

awhooe vathod, determire the meiphed average arit cost after the Cotober 22 surchase. Feund your answer to tero decimal places. per unit: b. Assuming a eerpetuat imrentory sytes and uning the wrighted: Round vour "average unit coat" to two decimal placen. c. Ashyming a perpetuak inventery system and using the weighted average method, detienime the imventery on October 31 Round your "average unit cest" to two decinal places. reechin, TClea Misos When the wrightod average cost method is used in a perpetual intertocy system, a weighted average unit cost for cach kem is computed each time a purchase a mase. This urtit cost is used ie dotermine the cost of eachisale unth acahther purchase is made and a new average wi tornputed