Question: Perpetual inventory using weighted averageBeginning inventory, purchases, and sales for WCS 1 2 are as follows:DateLine Item DescriptionValueOct. 1 Inventory 3 0 0 units at

Perpetual inventory using weighted averageBeginning inventory, purchases, and sales for WCS12 are as follows:DateLine Item DescriptionValueOct. 1Inventory300 units at $8Oct. 13Sale150 unitsOct. 22Purchase350 units at $11Oct. 29Sale200 unitsa. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.fill in the blank 1 of 1$ per unitb. 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.fill in the blank 1 of 1$c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.fill in the blank 1 of 1$

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