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

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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