Question: Using weighted average, what is the ending balance in inventory? Date Source Units Purchased Cost Per Unit Total Cost $48 $42,000 $46 Beginning 1/1/2011 875
Using weighted average, what is the ending balance in inventory? Date Source Units Purchased Cost Per Unit Total Cost $48 $42,000 $46 Beginning 1/1/2011 875 Inventory 2/1/2011 Purchase 630 3/1/2011 Purchase 940 Total Goods Available for Sale 2,445 Units sold 1825 $52 $28,980 $48,880 $119,860 $75 $29,760 $28,240 O $30,394 $32.240
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