Parton Corp. has the following inventory information available for the month of August: Date Description Number of Units Cost per unit August 1 Beg. Inv. 15 units $20.00 August 8 Sales 8 units August 10 Purchase 25 units $30.00 August 20 Sales 20 units Question: Using the perpetual weighted-average method, what should be the cost of ending inventory at the end of August? 

 When calculating the weighted-average cost per unit, round to the nearest penny every time you have a calculation. In your final answer, include the cents (rounded to the nearest penny).  

Answer rating: 100% (QA)

1 Calculate WeightedAverage Cost per Unit Start with the units and costs from the beginning inventor... View the full answer