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A company purchases inventory during the year in 4 batches, with unit and price amounts shown below. 5.200 units were sold after Batch 2 was
A company purchases inventory during the year in 4 batches, with unit and price amounts shown below. 5.200 units were sold after Batch 2 was purchased, while 2.000 units were sold after Batch 3 was purchased. Calculate the weighted average price for each unit of inventory. Calculate COGS using the weighted average method. Calculate Ending Inventory using the weighted average method. Populate the table below assuming the moving average method is used. Round all calculated "per unit' amounts to five decimal places. Calculate COGS using the moving average method. Calculate Ending Inventory using the moving average method
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