Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory...

 

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Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month of March 2023. Complete the inventory sheet. (Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negative value should be indicated with minus sign. Round your intermediate and final answers to 2 decimal places.) Date Units Mari 1 17 28 Totals 2 39 $ 3 4 7 Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost/Unit Brought Forward 17 44 95.00 98.00 Goods Available for Sale Total $ Cost of Goods Sold/(Returns to Inventory) Units 26 (6) 61 47 Cost/Unit Goods Sold Total S Units 64 Balance in Inventory Avg Cost/Unit 93.00 $ Ending Inventory Total $ 5,952 00 Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month of March 2023. Complete the inventory sheet. (Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required amount to make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negative value should be indicated with minus sign. Round your intermediate and final answers to 2 decimal places.) Date Units Mari 1 17 28 Totals 2 39 $ 3 4 7 Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost/Unit Brought Forward 17 44 95.00 98.00 Goods Available for Sale Total $ Cost of Goods Sold/(Returns to Inventory) Units 26 (6) 61 47 Cost/Unit Goods Sold Total S Units 64 Balance in Inventory Avg Cost/Unit 93.00 $ Ending Inventory Total $ 5,952 00

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