Ch 06

BE.06.01.ALGO

BE.06.02.ALGO

BE.06.03.ALGO

BE.06.04.ALGO

BE.06.05.ALGO

BE.06.06.ALGO

BE.06.07.ALGO

BE.06.08.ALGO

EX.06.03.ALGO

EX.06.04.ALGO

EX.06.05.ALGO

EX.06.06.ALGO

EX.06.07.ALGO

EX.06.08

EX.06.09

EX.06.10.ALGO

EX.06.11.ALGO

EX.06.12.ALGO

EX.06.13.ALGO

EX.06.20

EX.06.21

EX.06.22

EX.06.23

EX.06.24

EX.06.25

EX.06.26

MAD.06.01

Hide or show questions

Progress:4/27 items

eBook

Show Me How

Calculator

Perpetual Inventory Using Weighted Average

Beginning inventory, purchases, and sales for WCS12 are as follows:

Oct. 1 Inventory320 units at $1213 Sale150 units22 Purchase330 units at $1429 Sale200 units

a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. $fill in the blank 1per unit

b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places. $fill in the blank 2

c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places. $fill in the blank 3