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Need help fixing my problem Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit
Need help fixing my problem
Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. to cost of anods sold using weighted average Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Cost Inventory Balance Cost Inventory per Balance unit Date # of units per Cost per unit # of units sold Cost of Goods Sold # of units unit 140 a $ 6.00 = $ 840.00 January 1 100 January 10 $ 6.00 $ 600.00 60,040 @ $ 6.00 $ 360,240.00 11 January 20 60 $ 6.00 a S 5.00 60,040 $ 360,240.00 300.00 60 a $ 5.00 60,100 $ 360,540.00 Average cost $ $ January 25 80 @ $ 432.00 $ 5.40 540.00 5 108.00 January 30 180 S 4.50 5 @ $ 540.00 $ 108.00 $ 4.50 180 @ II 810.00 Totals $ 1,032.00 185 @ $ 1,350.00
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