eBook Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Inventory 320 units at $11 Sale 190 units Purchase 370 units at $12 Sale 200 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round yom answer to two decimal places. per unit Oct. 1 13 22 Show Me How 29 b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost to two decimal places. c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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aphing and learning resource from Cengage Learning
Oct. 1
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$
Perpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for WCS12 are as follows:
units at $11
29
Proud
Sale
Help
Inventory
Sale
Purchase
190 units
370 units at $12
200 units
5
Check My Work 8 more Check My Work uses remaining
Show Me How
v2.cengagenow.com
15
^
I an sopia of
you!
6
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your
answer to two decimal places.
S
per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost to
two decimal places.
All work saved.
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two
decimal places.
MacBook Pro
&
7
Love you
the mastest
*
8
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tv
cowboy Id
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30
Cengage Learning
Email Instructor
☎
Q
8
Save and Exit
Wed Mar 15
Previous
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Transcribed Image Text:Bookmarks eBook Window aphing and learning resource from Cengage Learning Oct. 1 4 30 13 22 $ Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: units at $11 29 Proud Sale Help Inventory Sale Purchase 190 units 370 units at $12 200 units 5 Check My Work 8 more Check My Work uses remaining Show Me How v2.cengagenow.com 15 ^ I an sopia of you! 6 a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. S per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost to two decimal places. All work saved. c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places. MacBook Pro & 7 Love you the mastest * 8 O tv cowboy Id 9 30 Cengage Learning Email Instructor ☎ Q 8 Save and Exit Wed Mar 15 Previous Next Submit Assignment for Grading
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