Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 àre as follows: 320 units at $10 180 units 360 units at $12 300 units Oct. 1 13 22 Purchase Sale 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. per unit Inventory Sale 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.

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 àre as follows: 320 units at $10 180 units 360 units at $12 300 units Oct. 1 13 22 Purchase Sale 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. per unit Inventory Sale 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.

Name: 4 Perpetual Inventory Using Weighted AverageBeginning inventory, purch
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Description: 4 Perpetual Inventory Using Weighted AverageBeginning inventory, purchases, and sales for WCS12 àre as follows:320 units at $10180 units360 units at $12300 unitsOct. 1132229InventorySalePurchaseSalea. Assuming a perpetual inventory system and using t

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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