Perpetual Inventory Using Weighted AverageBeginning inventory, purchases, and sales for WCS12 are as follows:300 units at $9200 units400 units at $11300 unitsOct. 11322InventorySalePurchaseSalea. Assuming a perpetual inventory system and using the weighted average method, determine the weightedaverage unit cost after the October 22 purchase. Round your answer to two decimal places.per unit29b. Assuming a perpetual inventory system and using the weighted average method, determine the cost ofgoods 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 onOctober 31. Round your "average unit cost" to two decimal places.Feedback

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Description: Perpetual Inventory Using Weighted AverageBeginning inventory, purchases, and sales for WCS12 are as follows:300 units at $9200 units400 units at $11300 unitsOct. 11322InventorySalePurchaseSalea. Assuming a perpetual inventory system and using the w

Inventory can be defined as the stock of goods or products that are manufactured and stored by the…

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Accounting

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: 300 units at $9 200 units 400 units at $11 300 units Oct. 1 13 Inventory Sale 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 22 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 October 31. Round your "average unit cost" to two decimal places. Feedback

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: 300 units at $9 200 units 400 units at $11 300 units Oct. 1 13 Inventory Sale 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 22 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 October 31. Round your "average unit cost" to two decimal places. Feedback

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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