Calculate the cost of goods sold and the cost of the ending inventory using the weighted average cost flow assumption. Assume periodic record keeping.

sales 99 units at $15 per unit

beginning inventory $88 units at $4 per unit

purchases 62 units at $6 per unit

Find the cost of goods sold using the weighted average cost periodic method ((Round the weighted average cost per unit to the nearest cent. Round the cost of goods sold to the nearest dollar.)

choices for blanks

units in ending inventory, units purchased, units sold, weighted average cost

blank x blank = cogs

Calculate the ending inventory using the weighted average cost periodic method

blank x blank = cost of ending inventory

Calculate the cost of goods sold and the cost of the ending inventory using the weighted average cost flow assumption. Assume periodic record keeping Sales 99 units at $15 per unit Beginning inventory 88 units at $4 per unit Purchases 62 units at $6 per unit Find the cost of goods sold using the weighted average cost periodic method. (Round the weighted average cost per unit to the nearest cent. Round the cost of goods sold to the nearest dollar.) = Cost of goods sold Calculate the ending inventory using the weighted average cost periodic method. (Round the weighted average cost per unit to the nearest cent. Round the cost of ending inventory to the nearest dollar.) = Cost of ending inventory