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Calculate ending inventory and cost of goods sold for the year, assuming the company uses weighted average cost (Round your average cost per unit
Calculate ending inventory and cost of goods sold for the year, assuming the company uses weighted average cost (Round your average cost per unit to 4 decimal places.) Weighted Average Cost Beginning Inventory Cost of Goods Available for Sale Answer is not complete. Cost of Goods Sold - Weighted Average Cost Ending Inventory Weighted Average Cost Average Cost per # of units Average Cost per unit Cost of Goods # of units Available Average Cost per Cost of Goods Sold sold for Sale Unit # of units in ending inventory 60 S 4.560 unit Ending Inventory Purchases May 5 220 Nov 3 140 17.380 11,760 Total 420 $ 33,700 375 $80.0540 $30,020.25 45 $ 81.7900 $3.680 55
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