Question: Weighted Average CostFlow Method Under Perpetual Inventory System The following units of a particular tem were available for sale during the Calendar year lan 1
Weighted Average CostFlow Method Under Perpetual Inventory System The following units of a particular tem were available for sale during the Calendar year lan 1 Inventory 4.000 unts at $20 Apt 10 Sale 2.500 unts June 30 6,000 units at 52 Sept. 2 Sale 4500 units Nov. 15 Purchase 1.000 units at $25 The firm uses the weighted average cost method with a greinventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sate Present the data in the form strated in S. Roundunt cotto tedesca Purchases Weighted Average Cost low Method Cost of Merchandise Sold Quantity Unit Cost Total Cost Date Quantity Unit Cost Total cost Inventory Unit Cost Quantity ian Total Cost 42,000 200 Apr 19 Dne 30 (Sept. 2 Nov. is DOC 11
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