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Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory 300 units at $120 12 Sale 210
Perpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for H76 are as follows:
July 1 | Inventory | 300 units at $120 | |
12 | Sale | 210 units | |
23 | Purchase | 360 units at $135 | |
26 | Sale | 330 units |
Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory 300 units at $120 12 Sale 210 units 23 Purchase 360 units at $135 26 Sale 330 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the July 23 purchase. per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of the merchandise sold on July 26. $ C. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on July 31
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