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5. Module 3 Problem Set Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Inventory Oct. 1 350 units
5.
Module 3 Problem Set Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Inventory Oct. 1 350 units at $11 13 Sale 180 units 22 Purchase 330 units at $14 29 Sale 400 units 3. 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. 5 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 plares
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