Question: Question 20. Given the information below, calculate the ending inventory (to the nearest penny) if the company uses the weighted average method. Show your work.
Question 20. Given the information below, calculate the ending inventory (to the nearest penny) if the company uses the weighted average method. Show your work. Information needed for each of questions 16 through 21: there are 45 units in ending inventory. Cost Money value of all units combined 481.26 per unit 18.51 Units Beginning inventory 26 First purchase during the year 44 18.50 814.00 Second purchase during the year 52 20.00 1,040.00 40 21.00 840.00 Third purchase during the year 162 3,175.26 Goods available for sale
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