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Putter's Choice carries an inventory of putters and other golf clubs. The sales price of each putter is 512 Previous question dicate the following for

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Putter's Choice carries an inventory of putters and other golf clubs. The sales price of each putter is 512 Previous question dicate the following for a particular line of Putter's Choice's putters: $ (Click the icon to view the records.) Read the requirements. Requirement 1. Prepare Putter's Choice's perpetual inventory record for the putters assuming Putter's Choice uses the weighted average inventory costing method. Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar. Then identify the cost of ending inventory and cost of goods sold for the month. 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 inventory purchased, sold, and on hand at the end of the period. Purchases Inventory on Hand Unit - X Unit Total Cost of Goods Sold Unit Total Quantity Cost Cost Total Data table Date Quantity Cost Cost Quantity Cost Cost Jun. 1 Item Quantity Unit Cost Jun. 8 Jun. 8 8 Date Jun. 1 Balance 10 $ 64 6 Sale 5 5 Jun. 17 3 15 72 Jun. 30 Purchase Sale 17 15 Totals 30 Sale 2 Determine the cost of ending inventory using the weighted-average inventory costing method. Print Done The cost of ending Inventory using the welghted-average Inventory costing method is S Determine cost of goods sold using the weighted average inventory costing method. The cost of goods sold using the weighted average inventory costing method is $ $

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