Question: Fill in the chart and the totals using the weighted-average inventory costing method Requirement 3. Determine the amount that would be reported in ending merchandise
Fill in the chart and the totals using the weighted-average inventory costing method


Requirement 3. Determine the amount that would be reported in ending merchandise inventory on October 15 using the weighted-average inventory costing method. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the g cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter all amounts to the nearest cent, SX.xx.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost CostQuantityostosantity Cost Cost tity Cost Cost Oct. 2 13 Totals
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
