Question: Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: 320 units at $10 180 units 360 units at $12
Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for wes 12 are as follows: a. Assuming a perpetual inventory system and using the weighted averoge method, determine the weighted average unit cost after the October 22 purchase Round your answer to two decimal ploces. \$ per unit b. Assuming a perpetual inventory system and using the weighted overege method, determine the cost of goods sold on October 29 , Round your "overage unit cost" to two decimal ploces. 1 c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31 , Round your "overage unt cost" to two decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
