Question: What are the steps for solving this problem? Delco Inc. had the following transactions in June and a beginning inventory of 20 units at $35

What are the steps for solving this problem?

Delco Inc. had the following transactions in June and a beginning inventory of 20 units at $35 each. June 4 purchased 15 units at $36.50 each - June 8 sold 22 units June 16 - purchased 20 units at $37.75 each June 27 sold 25 units - Delco uses the perpetual inventory accounting system. If Delco uses the weighted-average inventory costing method, what is their ending inventory at June 30?

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