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MWthe P VYSTAR Date 1-May Beginning Balance 2-May Purchase Units Cost Total Sales Price 65 10 5450 85 16 $1,360 3-May Purchase 70 14 $960
MWthe P VYSTAR Date 1-May Beginning Balance 2-May Purchase Units Cost Total Sales Price 65 10 5450 85 16 $1,360 3-May Purchase 70 14 $960 10-May Sale 130 540 15-May Purchase 45 18 5810 17-May Sale 30 May Sale 60 35 540 540 Create a perpetual inventory record then calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under Weighted Averages. HINT Do NOT resend the unit cost meaning.leaveats decimal places for all calculations The only time you.round is when you enter the numbers.inte MyOpenMath Otherwise. ALL calculations sheld be completed with unrounded numbers. Dereved total costs to the nearest cent.on.each transection Purchases Cost of Goods Sold Inventory on Hand Dates Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost T May 1 65 10.00 650.00 65 May 2 15 16.00 1.300.00 1000 10.00 1400 May 3 70 14.00 $40.00 May 130 10 May 45 16 10.00 15 May 17 May 30 End of the month totals Cost of Goods Sold s Ending ventory 5 Gross Profit
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