Question: Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WC512 are as follows: a. Assuming a perpetual inventory system and asing the weighted

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

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WC512 are as follows: a. Assuming a perpetual inventory system and asing 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 inyentory syi. am and using the weighted average method, determine the coat of goods sold on October 29 . Round your "a verage unit cost" to two decimal places. x 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. Fecthas rchich wivin When the average cost method is used in a perpetual inventory system, an average unt cost for each tem is computed each time a purchase is made. This unt cost is used to delermine the cost of each salo unta another purchase is made and a new average is computed

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