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Apply your knowledge for Inventory Costing Methods, specifically weighted average cost /average cost method. BJ Inc. Company made the following four inventory purchases in June:
Apply your knowledge for Inventory Costing Methods, specifically weighted average cost /average cost method. BJ Inc. Company made the following four inventory purchases in June: June 1 100 units $5.00 une 10 June 15 June 28 Per Unit Cost Total Cost 200 units $5.50 200 units $5.50 75 units $5.00 575 units $ 500 1,100 1,100 375 $3,075 4 A physical count of inventory on June 30 reveals that there are 250 units on hand/remaining on the shelf. Therefore, the company sold 325 units during June. Using the weighted average cost method, the dollar amount allocated to Cost of Goods Sold (rounded to the nearest dollar) on June 30 is: hp
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