Beginning inventory, purchases, and sales for WCS12 are as follows: Assuming a perpetual inventory system and using

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

Assuming a perpetual inventory system and using the weighted average method, determine
(a) The weighted average unit cost after the October 22 purchase,
(b) The cost of the merchandise sold on October 29,
(c) The inventory on October31.

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Feb 28, 2014 09:05 AM

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Beginning inventory, purchases, and sales for WCS12 are as follows: Assuming a perpetual inventory system and using

Question:

Inventory 3it at $8 Sale Purchase Sale Oct. 1 13 175 units 375 units at $10 280 units 29

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a Weighted average unit cost 950 Inventory total cost af...View the full answer

Corporate Financial Accounting

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