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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 12 units @ $45 11 Purchase 13 units $47 14
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 12 units @ $45 11 Purchase 13 units $47 14 Sale 18 units 21 Purchase 9. units @ $60 25 Sale 10 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using the weighted average cost method. Round your answers to two decimal places Cost of Goods Sold Inventory Purchases Qty: Total Unit Cost Date Qty Unit Cost Total Cost Total Cost Qty. Unit Cost April 3 11 21 25 Balances Previous
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