ven the following Cost per unit $ 4 Number purchased 46 Total January 1 inventory April 1 Dune 1 November 1 184 66 462 56 8. 448 61 549 229 $1,643 Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 67 un anit cost" and final answer to the nearest cent.) Cost of ending inventory 1.046.75 b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediote calculatic the nearest cent.) Cost of goods sold

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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ven the following
Number
purchased
46
Cost
per unit
$4
Total
January 1 inventory
April 1
Dune 1
November 1
184
66
462
56
8
448
61
6.
549
229
$ 1,643
. Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 67 uni
unit cost" and final answer to the nearest cent.)
Cost of ending inventory
1.046.75
b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediate calculatic
the nearest cent.)
Cost of goods sold
Transcribed Image Text:ven the following Number purchased 46 Cost per unit $4 Total January 1 inventory April 1 Dune 1 November 1 184 66 462 56 8 448 61 6. 549 229 $ 1,643 . Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 67 uni unit cost" and final answer to the nearest cent.) Cost of ending inventory 1.046.75 b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediate calculatic the nearest cent.) Cost of goods sold
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