Question: Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost

Specific Id Weighted Average FIFO LIFO Determine the cost assigned to endinginventory and to cost of goods sold using weighted average. (Round cost

Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal Weighted Average - Perpetual: January 1 January 10 January 20 Goods Purchased Cost of Goods Sold Date # of units Cost per unit # of units Cost per unit Cost of Goods Sold Inventory Balance Cost per # of units unit Inventory Balance sold 140 at $ 6.00 = $ 840.00 Average cost January 20 January 25 January 30 Totals

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