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Golfer's Favorite carries an inventory of putters and other golf clubs. The sales price of each putter is $ 1 5 1 . Company records

Golfer's Favorite carries an inventory of putters and other golf clubs. The sales price of each putter is $151. Company records indicate the following f Golfer's Favorite's putters:
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Requirement 1. Prepare Golfer's Favorite's perpetual inventory record for the putters assuming Golfer's Favorite uses the weighted-average inventol Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar. Then identify the cost of ending inventory and c
Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after ea transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end o
\table[[Date,Purchases,Cost of Goods Sold,Inventory on Hand],[Quantity,\table[[Unit],[Cost]],\table[[Total],[Cost]],Quantity.,\table[[Unit],[Cost]],\table[[Total],[Cost]],Quantity,\table[[Unit],[Cost]],\table[[Total],[Cost]]],[Sep.1,,,,,,,15,75,\table[[$,1,125]]],[Sep.6,11,4=,,10,75,750,5,\table[[$,75]],$,375
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