eBook Show Me How Calculator Print Item Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 310 units at $12 13 Sale 160 units 350 units at $13 22 Purchase 29 Sale 200 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. X per 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. 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. $ Feedback Check My Work When the average cost method is used in a perpetual inventory system, an average unit cost for each item is computed each time a purchase is made. This unit cost is used to determine the cost of each sale until another purchase is made and a new average is computed Previous Next Check My Work