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During the month of June 2022, the company had the following transactions for Material A. Prepare a raw material inventory card using the method for

During the month of June 2022, the company had the following transactions for Material A. Prepare a raw material inventory card using the method for inventory costing as per company policy. 1 June Opening Balance 50 units @ $8.00 2 June Purchases 60 units @ $8.50 3 June Issues 80 units 4 June Purchases 75 units @ $9.00 5 June Issues 50 units b) Prepare the journal entry necessary to charge the raw material issued to the production process. using the weighted average cost method

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