Question: Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS 1 2 are as follows: Date Line Item Description Value Oct. 1 Inventory

Perpetual inventory using weighted average
Beginning inventory, purchases, and sales for WCS12 are as follows:
Date Line Item Description Value
Oct. 1 Inventory 310 units at $9
Oct. 13 Sale 150 units
Oct. 22 Purchase 340 units at $12
Oct. 29 Sale 200 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.
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 unit cost" to two decimal places.
 Perpetual inventory using weighted average Beginning inventory, purchases, and sales for

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