I need help finishing this please. H5.C6 DateJanuary 1February 10Average February 10March 13Average March 13March 15August 21Average August 21September 5Average September 5.September 10TotalsGoods Purchased# of units460100atat170 at430 atCostperunitGAL$53.00$40.00$61.00$54.00>3>>Weighted Average Perpetual:Cost of Goods SoldCostperunit# of unitssold745600>atat$52.80$54.80VIECost of GoodsSold$ 39,336.00= $32,880.00$72,216.00# of units5405404601,000100355355355 x at170>>455 at430>>>>355atat3 *atat3at525 atatat425 x atat855 atatInventory BalanceCostperunitat$55.00$55.00$53.00$GA L54.08$54.08$40.00$52.80கம்52.80$52.80$61.00$55.46$55.46$54.00$54.80$54.80>>>>>>=============InventoryBalance$29,700.00$29,700.0024,380.00$54,080.00$$23,198.4019,198.404,000.00$18,744.00S18,744.0010,370.00S29,114.00$23,570.5023,220.00S46,790.50S19,454.00 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactiUnits Sold at RetailActivitiesBeginning inventoryPurchaseUnits Acquired at Cost540 units@$55 per unit@ $53 per unit460 units100 unitsPurchase@ $40 per unitSalesPurchasePurchaseSalesTotalsDateJanuary 1February 10March 13March 15August 21September 5September 10170 units430 units1,700 units@ $61 per unit@ $54 per unit745 units @ $80 per unit600 units @ $80 per unit1,345 units

Weighted Average - Under the Weighted Average Method, the cost is considered to be average at the…

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transact Activities Beginning inventory Purchase Date January 1 February 10 March 13 March 15 August 21 September 5 Units Acquired at Cost 540 units @ $55 per unit 460 units @ $53 per unit 100 units @ $40 per unit Purchase Sales September 10 Purchase Purchase Sales Totals 170 units @ $61 per unit 430 units @ $54 per unit 1,700 units Units Sold at Retail 745 units @ $80 per unit 600 units @ $80 per unit 1,345 units

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transact Activities Beginning inventory Purchase Date January 1 February 10 March 13 March 15 August 21 September 5 Units Acquired at Cost 540 units @ $55 per unit 460 units @ $53 per unit 100 units @ $40 per unit Purchase Sales September 10 Purchase Purchase Sales Totals 170 units @ $61 per unit 430 units @ $54 per unit 1,700 units Units Sold at Retail 745 units @ $80 per unit 600 units @ $80 per unit 1,345 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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