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Golf United comes an inventory of puters and other golf dubit. The sales price of each other is 5119. Company records indicate a folowrator a

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Golf United comes an inventory of puters and other golf dubit. The sales price of each other is 5119. Company records indicate a folowrator a particular in of God Unlimited's putere Click the icon to view the records Read the to the nece dol. The identity the cost of ending inventory and cost of goods sold for a month Requirements. Prepare Golf Unlimited to perpetual Inventory record for the puters and Golf United use the weighted average inventory coating method. Round weighted average cont per un to the nearest cant and all other Start by entering the beginning inventory balance. Enter the transactions in chronological order, calculating new mentory on hand balances ater each trunnecton. Once of the transactions have been entend to the perpetual recort codate the quantity and total cost of inventory purchased sold and on hand at the end of the period. Purchases Cont of Goods Sold Inventory en Hand Unit Total Unit Date Quantity Cost Quantity Cost Cost Quantity Cost Cost 2015 69 $ 1.272 Total Unit Total Cost No. 1 Nov -n Hapd 1 i X Data Table t 53 Date Item Quantity Unit Cost Nov. 1 Balance 24 $ 53 Nov. 6 Sale 20 Nov. 8 Purchase 30 70 Nov. 17 Sale 30 Nov. 30 Sale 2 Print Done or the putters assuming Golf Unlimited uses the weighted average inventory costing method. Round weig sst of goods sold for the month. ons in chronological order, calculating new inventory on hand balances after each transaction. Once all on hapd at the ond of the noriad - Is So Requirements 1. Prepare Golf Unlimited's perpetual inventory record for the putters assuming Golf Unlimited uses the weighted-average inventory costing method. Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Unlimited's inventory transactions using the weighted average inventory costing method. (Assume purchases and sales are made on account.) Print Done

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