Units Cost per Use the weighted-average inventory method to calculate the cost of the ending inventory for the inventory table below. Total Retail price Total retail Date of purchase purchased unit cost per unit value Beginning inventory 97 $12 $1,164 $17 $1,649 February 5 21 $9 $189 $13 $273 February 19 18 $11 $198 $18 $324 March 3 35 $13 $455 $21 $735 Goods available for sale 171 $2,006 $2,981 Units sold 89 Ending inventory 82 (Round to the nearest cent as needed.)
Units Cost per Use the weighted-average inventory method to calculate the cost of the ending inventory for the inventory table below. Total Retail price Total retail Date of purchase purchased unit cost per unit value Beginning inventory 97 $12 $1,164 $17 $1,649 February 5 21 $9 $189 $13 $273 February 19 18 $11 $198 $18 $324 March 3 35 $13 $455 $21 $735 Goods available for sale 171 $2,006 $2,981 Units sold 89 Ending inventory 82 (Round to the nearest cent as needed.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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