Question
July 1Inventory 100 units at $400 12Sale70 units 23Purchase120 units at $450 26Sale110 units Assuming a perpetual inventory system and using the weighted average method,
July 1Inventory 100 units at $400
12Sale70 units
23Purchase120 units at $450
26Sale110 units
Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the July 23 purchase.
cost per unit?
Assuming a perpetual inventory system and using the weighted average method, determine the cost of the merchandise sold on July 26.
?
Assuming a perpetual inventory system and using the weighted average method, determine the inventory on July 31.
?
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
