Question: Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS 1 2 are as follows: Oct. 1 Inventory 3 0 0 units at

Perpetual inventory using weighted average
Beginning inventory, purchases, and sales for WCS12 are as follows:
Oct. 1 Inventory 300 units at $13
Oct. 13 Sale 150 units
Oct. 22 Purchase 350 units at $14
Oct. 29 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.
$ x 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 unit cost" to two decimal places.
$
Perpetual inventory using weighted average

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