Pnt em Weighted Average Cost Flow Method Under Perpetual Inventory System The follewing units of a particular item were available for sale during the calendar year Jan. 1 teventory 30.000 units at $30.00 Mar. 18 Sale 24.000 units May 2 Purchase 54.000 units at $31.00 45.000 units Aug. 9 Sale Oct. 20 Purchase 21.000 units at $32.10 The firm uses the weighted average cost method with a perpetual inventory system Determine the cost of merchande sd for each sae and the inertary baance er each sae Preset the dats in the for tted i t nd unt ct t two decimal places, if necessary Schedule of Cost of Meechandise Sold Weighted Average Cost flow Method Purchases Cost of Merchandise Sold leventory Date Quantity Unit Cost Total Cost Unit Cost Total Cost Quantity Quantity Unit Cost Total Cost Jan. 1 30 000 31.00 Mar. 18 24,000 24,000 744.000 54,000 May 2 54,000 31.00 1,674,000 45,000 45,000 32.10 1,444,500 Aug. 9 21.000 Oct. 20 32.10 674.100 21,000 2.188,500 Dec. 31 Balances