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Date Description Units Unit Price Nov. 1 Beginning inventory 62 $52 9 Purchase 100 46 15 Sale (120) 22 Purchase 155 43 29 Sale (150)
Date Description Units Unit Price Nov. 1 Beginning inventory 62 $52 9 Purchase 100 46 15 Sale (120) 22 Purchase 155 43 29 Sale (150) 30 Purchase 46 42 Crane Company uses a perpetual inventory system. All sales and purchases are on account. Calculate the cost of goods sold and the ending inventory using weighted average. (Round the weighted average cost per unit to two decimal places, e.g. 5.27 and final answers to 2 decimal places, e.g. 5,275.75.) Cost of goods sold $ Ending inventory $
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