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7. Weighted Average Cost Fiow Method Under Perpetual Inventory Syrtem The following units of a particular item were avallable for sale during the calendar year:

7.
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Weighted Average Cost Fiow Method Under Perpetual Inventory Syrtem The following units of a particular item were avallable for sale during the calendar year: The firm uses the welghted average cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. Present the data in the form iliustroted in Exhibut 5 . Round unit cost to two decimal places, if necessary

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