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Convert between de . . . [ De Parque En Parq... All Bo Weighted average cost flow method under perpetual inventory system The following units

Convert between de...
[De Parque En Parq...
All Bo
Weighted average cost flow method under perpetual inventory system
The following units of a particular item were available for sale during the calendar year:
Jan. 1
Inventory
4,000 units at $50
Apr. 19
Sale
2,500 units
June 30
Purchase
4,500 units at $54
Sept. 2
Sale
5,000 units
Nov. 15
Purchase
2,000 units at $56
The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each sale.
Present the data in the form illustrated in Exhibit 5.
\table[[Date,\table[[Purchases],[Quantity]],\table[[Purchases],[Unit Cost]],\table[[Purchases],[Total Cost]],\table[[Cost of Goods Sold],[Quantity]],\table[[Cost of Goods Sold],[Unit Cost]],\table[[Cost of Goods Sold],[Total Cost]],\table[[Inventory],[Quantity]],\table[[Inventory],[Unit Cost]]],[Jan.1],[Apr.19],[June 30],[Sept.2],[Nov.15],[Dec.31,Balances,,,,,,,]]
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