Question: Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS 1 2 are as follows: table [ [ Oct . 1 Inventory,

Perpetual inventory using weighted average
Beginning inventory, purchases, and sales for WCS12 are as follows:
\table[[Oct.1 Inventory,340 units at $14,],[Oct.13,Sale,190 units],[Oct.22,Purchase,350 units at $15],[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.
$ per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on Octol
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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