Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 300 units at $8 13 Sale 175 units 22 Purchase 375 units at $10 29 Sale 280 units a. Assuring a perpetual inventory system and using the weighted average cost method, determine the weighted average unit cost at the October 22 sinchose. Hound your answer to two decimal places per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your agent couco e decomal places c. Assuming a perpetual inventory system and using the weighted average method, determine the seventy on October 31. Round your "wverwoene end to two decreto Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year Inventory 10,000 units at $75.00 Mar. 18 Sale 8,000 units May 2 Purchase 18.000 units at $77.50 Aug. 9 Sale 15,000 units Oct, 20 Purchase 7,000 units at 00:25 The firm uses the weighted average cost method with a perpetual inventory wystem. Determine the cost of goods sold for each sale and the inventory bilance where event the data in the form illustrated in Exhibit Round unit cost to two deomalaces, if necessary Schedule of Cost of Good Solid Weighted Average Cast Flow Method Purchases Cost of Goods Sold Quantity Unit Cast Total Cost Quantity Unit Cost Total Cont Jan. 1 Mar. 16 May 2 Aug: 9 (Oct 20 (Dec 31 Balances age Cont Flow Method Under Perpetual Inventory System units of a particular item were available for sale during the calendar year ventory 10,000 units at $75.00 ale 8,000 units lirchase 18,000 units at $77.50 ale 15,000 units urchase 7,000 units at $80.25 the weighted average cost method with a perpetual inventory system. Determine the cost of goods sold for each salt and the inventory stanice noch heute m illustrated in Exhibit 5. Round unit cost to two decimal places, if necessary. Schedule of Cost of Goods Sold Weighted Average Cost Flow Method Purchases Cost of Goods Sold Larry Unit Cost Quantity Total Cost Quantity Unit Cost Total Cost Total Balances