Business, 24.05.2021 18:30 toni240

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows:

Oct. 1 Inventory 300 units at $9
13 Sale 180 units
22 Purchase 380 units at $11
29 Sale 400 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.
$ per 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.
$
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.
$

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Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are...

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