Question: Solve the problem using the information given in the table and the weighted-average inventory method. Round to the nearest cent. Calculate the cost of ending
Solve the problem using the information given in the table and the weighted-average inventory method. Round to the nearest cent.
Calculate the cost of ending inventory.
| Date of Purchase | Units Purchased | Cost Per Unit |
| Beginning Inventory | 25 | $33.18 |
| March 1 | 70 | $28.60 |
| June 1 | 65 | $38.75 |
| August 1 | 40 | $21.49 |
| Units Sold | 68 |
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