Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 330 units at $10 13 Sale 150 units 22 Purchase 320 units at $12 29 Sale 400 units a. Assuming a perpetual inventory...


Beginning inventory, purchases, and sales for WCS12 are as follows:





























Oct. 1Inventory330 units at $10
13Sale150 units
22Purchase320 units at $12
29Sale400 units


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.
$fill in the blank 1per unit



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.
$fill in the blank 2



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.
$fill in the blank 3



Jun 10, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here