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eBook eighted average cost flow method under perpetual inventory system he following units of a particular item were available for sale during the calendar year:
eBook
eighted average cost flow method under perpetual inventory system
he following units of a particular item were available for sale during the calendar year:
an
Inventory
units at $
pr
Sale
units
une
Purchase
units at $
ept.
Sale
units
lov.
Purchase
units at $
he 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 ata in the form illustrated in Exhibit
Weighted Average Cost Flow Method
tableDatetablePurchasesQuantitytablePurchasesUnit CosttablePurchasesTotal CosttableCost of Goods SoldQuantitytableCost of Goods SoldUnit CosttableCost of Goods SoldTotal CosttableInventoryQuantitytableInventoryUnit CosttableInventorTotal Cosprune eptovecBalances,,,,,,,,
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