Weight average calculations. Purchase Sold Balance in Inventory Averag Unit Unit Date Units Cost Total Units e

  Weight average calculations.

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Purchase Sold Balance in Inventory Averag Unit Unit Date Units Cost Total Units e Total Units Total Cost Cost/U nit Jan. 1 100 $1 $100 100 $1 $100 7 10 10 $2 $20 110 $1.09 $120 $87.2 $32.7 9 80 $1.09 30 $1.09 7 3 21 20 $3 $60 $92.7 50 $1.85 3 24 40 40 $74.1 $1.85 6 10 $18.5 10 $1.86 7 Purchase Sold Balance in Inventory Averag Unit Unit Date Units Cost Total Units e Total Units Total Cost Cost/U nit Jan. 1 100 $1 $100 100 $1 $100 7 10 10 $2 $20 110 $1.09 $120 $87.2 $32.7 9 80 $1.09 30 $1.09 7 3 21 20 $3 $60 $92.7 50 $1.85 3 24 40 40 $74.1 $1.85 6 10 $18.5 10 $1.86 7

Answer rating: 100% (QA)

Inventory Valuation Using Weighted Average Method Weighted Average Cost per Unit Formula Total Cost ... View the full answer