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5-6 Perpetual:Inventory costing with weighted average LO Pl as A company reports the following beginning inventory and purchases for the month of January. On Jenuary
5-6 Perpetual:Inventory costing with weighted average LO Pl as A company reports the following beginning inventory and purchases for the month of January. On Jenuary G, the compary sells 280 units. 130 units remain in ending inventory at January 31 Beginning inventory on January1250 $2.30 Purchase on January 9 Purchase on January 25 60 2.50 100 264 Required: Assume the perpetual inventory system is used. Determine the costs assigned to ending inventary whetn costs ara assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Weighted Average Perpetual: Cost of Goods Sold t of Cost per unitsunit Cost of Goods! Sold #of Cost per Coat per Inventory Date # of units unitsold unit 250$ 2.30575.00 S 000 Average cost January 245 Average cost 26 Totals
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