Question: Perpetual Inventory Using Weighted Average 13 22 29 Beginning Inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 310 units at $15
Perpetual Inventory Using Weighted Average 13 22 29 Beginning Inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 310 units at $15 Sale 170 units Purchase 360 units at $18 Sale 300 units a. Assuming a perpetual Inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase Round your answer to two decimal places per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your average unit cost" to two decimal places. c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your average and cost two decimal places
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