Question: m ounting 1 D. INVENTORY COSTING METHODS (11 Marks) Mana Company uses the perpetual inventory system and the weighted average cost formula The following information

 m ounting 1 D. INVENTORY COSTING METHODS (11 Marks) Mana Company

m ounting 1 D. INVENTORY COSTING METHODS (11 Marks) Mana Company uses the perpetual inventory system and the weighted average cost formula The following information is available for the month of une Date Explanation Units Unit Cost Jun 1 Beginning Inventory $ 10 Jun 15 Purchase 300 Jun 17 Sale Jun 24 Purchase 400 200 250 Instructions Prepare a schedule to show cost of goods sold and the value of the ending inventory for the month of June

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