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from the information below for cindys tea, calculate (a) the total COGS for September and (b) the Inventory balance at September 30th using the Weighted
from the information below for cindys tea, calculate (a) the total COGS for September and (b) the Inventory balance at September 30th using the Weighted Average Method.
beginning inventory: September 1st (10 boxes at a cost of $13 per box
purchases during month: september 5th (40 boxes of tea at a cost of $10 per box)
september 26th (70 boxes of tea at a cost of $12 per box)
sales during the month: september 15th (25 boxes of tea)
September 29th 50 boxes of tea
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