Question: Prepare a perpetual inventory record at moving-weighted-average cost. (Round average unit cost to the nearest cent and total costs to the nearest dollar.) Watches
Prepare a perpetual inventory record at moving-weighted-average cost. (Round average unit cost to the nearest cent and total costs to the nearest dollar.) Watches Jun 1 Jun 3 Jun 16 Jun 23 Ending QTY Purchases Unit Cost Tot. Cost Cost of Goods Sold QTY Unit Cost Tot. Cost Inventory on Hand QTY Unit Cost Tot. Cost Transactions Sold 16 smart watches for $100 each. 16 Purchased 20 smart watches at $65 each. 23 Sold 16 smart watches for $100 each. Jun. 3 Prepare a perpetual inventory record at moving-weighted-average cost. (Round average unit cost to the nearest cent and total costs to the nearest dollar.) Watches Jun 1 Jun 3 Jun 16 Jun 23 Ending QTY Purchases Unit Cost Tot. Cost Cost of Goods Sold QTY Unit Cost Tot. Cost Inventory on Hand QTY Unit Cost Tot. Cost Transactions Sold 16 smart watches for $100 each. 16 Purchased 20 smart watches at $65 each. 23 Sold 16 smart watches for $100 each. Jun. 3
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