Question: Weighted Average Cost Flow Method Under Perpetual Inventory SystemThe following units of a particular item were available for sale during the calendar year: Jan. 1

Weighted Average Cost Flow Method Under Perpetual Inventory SystemThe following units of a particular item were available for sale during the calendar year:

Jan.

1

Inventory

15, 000

units at $

60.00

Mar.

18

Sale

12, 000

units

May

2

Purchase

27, 000

units at $

62.00

Aug.

9

Sale

22, 500

units

Oct.

20

Purchase

10, 500

units at $

64.20

Weighted Average Cost Flow Method Under Perpetual

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