Question: Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory 300 units at $120 12 Sale 210

Perpetual Inventory Using Weighted Average

Beginning inventory, purchases, and sales for H76 are as follows:

July 1 Inventory 300 units at $120
12 Sale 210 units
23 Purchase 360 units at $135
26 Sale 330 units

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory 300 units at $120 12 Sale 210 units 23 Purchase 360 units at $135 26 Sale 330 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the July 23 purchase. per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of the merchandise sold on July 26. $ C. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on July 31

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