Weighted Average Cost Method with Perpetual Inventory

The beginning inventory of merchandise at Rhodes Co. and data on purchases and sales for a three-month period ending June 30 are as follows:

Date		Transaction	Number of Units		Per Unit		Total
Apr. 3		Inventory	40		$670		$26,800
8		Purchase	120		690		82,800
11		Sale	60		1,120		67,200
30		Sale	50		1,120		56,000
May 8		Purchase	100		700		70,000
10		Sale	80		1,120		89,600
19		Sale	30		1,120		33,600
28		Purchase	120		707		84,840
June 5		Sale	60		1,260		75,600
16		Sale	40		1,260		50,400
21		Purchase	180		712		128,160
28		Sale	190		1,260		239,400