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Prepare a perpetual record using the weighted average inventory costing method. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating
Prepare a perpetual record using the weighted average inventory costing method. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period Weighted-Average: Purchases Unit Quantity Cost Inventory on Hand Total Cost Cost of Goods Sold Total Quantity Cost Cost Unit Date Unit Total Quantity Cost Cost 1200 Totals ces. Enter the transactions in chronological order, calculating new ulate the quantity and total cost of merchandise inventory purchase More Info Jun. 3 16 23 Sold 10 units for $170 each. Purchased 15 units at $70 each. Sold 12 units for $170 each. Print Done Check Answer F12
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