Question: Weed Average cost Flow Method Under Perpetual Inventory System The following units of a particular ter were available for sale during the calendar year Tant
Weed Average cost Flow Method Under Perpetual Inventory System The following units of a particular ter were available for sale during the calendar year Tant Inventory 10,000 25.00 Mar. 1 3,000 na May 2 Purchase 18,000 units at 577.50 15,000 units Oct 20 Purchase 7.000 unts at $10.25 The firm uses the weighted average cost od with a perpetual inventorytem.Dermine the cost of wooded sale and the wentory beance each Present then the form tri hit sound unit cost to two decimal places near Schedule of cost of Goods Sold Weighted Average Cost Pow Method Purchases Cost of Good Sold Inventory Date Quantity Unit Cost Total Cost Quantity Un Cost Total Cost Quantity Unit Cost Total Con 10.000 750,000 Mar 18 8,000 600,000 2.000 150.000 16,000 May 2 77.50 1,395,000 20,000 Aug 15,000 Oct. 20 7.000 10.25 561.750 Dec 31
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