Question: Hint: We use L 2 as the unit cost because the amount in L 2 is the starting weighted - average cost. iii. In K
Hint: We use L as the unit cost because the amount in L is the starting weightedaverage cost.
iii. In K the updated inventory cost
d Weighted Average Cost in L Inventory Total CostUnits on hand.
e Find the invehtory total cost and weighted average cost for the month, ie all of the records of data. Enter values for the next eight r below. Do not round intermediate calculations. Round your answers to the nearest cent.
tableDatePurchaseSaleTotal Cost,Average CostOct,Purchase,$x$XOct,Sale,$XXOct,Sale,$x
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