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4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning Purchase1 150 units
4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning Purchase1 150 units $5 70 units $6 Sell 1 180 units ? Purchase 2 40 units $7 Sell 2 60 units ? Calculate: 1) COGS per unit Sell1 2) COGS per unit sell2 3) Total cost of ending inventory
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