Question: Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct 1 Inventory 300 units at $8 13 Sale 175
Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct 1 Inventory 300 units at $8 13 Sale 175 units 22 Purchase 375 units at $10 29 Sale 280 units a. Assuming a perpetual Inventory system and using the weighted average method, determine the welghted average unit cost after the October 22 purchase. Round your answer to two decimal places, per unit 6. Assuming a perpetual inventory system and using the welghted average method, determine the cost of the merchandise 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 faverage unit cout to two decimal places
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