Question: Exercise 10 is what I need EX 7-9 Weighted average cost flow method under perpetual inventory system ??? The following units of a particular item

 Exercise 10 is what I need EX 7-9 Weighted average costExercise 10 is what I need

EX 7-9 Weighted average cost flow method under perpetual inventory system ??? The following units of a particular item were available for sale during the calendar year Total Cost of Merchandise Sold $154,400 Jan. 1 Inventory Apr. 19 Sale June 30 Purchase Sept. 2 Sale Nov. 15 Purchase 4,000 units at $20 2,500 units 6,000 units at $24 4,500 units 1,000 units at $25 The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. Present the data in the form illustrated in Exhibit 5 EX 7-10 Perpetual inventory using FIFO Assume that the business in Exercise 7-9 maintains a perpetual inventory system. Deter- mine the cost of merchandise sold for each sale and the inventory balance after each sale, assuming the first-in, first-out method. Present the data in the form illustrated in Exhibit 3. OBJ.3 Total Cost of Merchandise Sold, $152,000

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