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Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS 1 2 are as follows: Date Line Item Description Value Oct. 1 Inventory

Perpetual inventory using weighted average
Beginning inventory, purchases, and sales for WCS12 are as follows:
Date Line Item Description Value
Oct. 1 Inventory 310 units at $9
Oct. 13 Sale 150 units
Oct. 22 Purchase 340 units at $12
Oct. 29 Sale 200 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average
unit cost after the October 22 purchase. Round your answer to two decimal places.
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold
on October 29. Round your "average unit cost" to two decimal places.
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on
October 31. Round your "average unit cost" to two decimal places.
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