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Putter's Paradise carries an Inventory of putters and other golf clubs. The sales price of each putter la $126. Company records Indicate the following for

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Putter's Paradise carries an Inventory of putters and other golf clubs. The sales price of each putter la $126. Company records Indicate the following for a particular line of Putter's Paradise's putters: 3 Click the icon to view the records.) Read the requirements. Requirement 1. Prepare Putter's Paradise's perpetual Inventory record for the putters assuming Putter's Paradise 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 Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost - X Data Table Requirements - X Date Apr. 1 Apr. 6 Apr. 8 Apr. 17 Apr. 30 Item Balance Sale Purchase Sale Sale Quantity Unit Cost 17 S 68 7 20 74 20 1. Prepare Putter's Paradise's perpetual Inventory record for the putters assuming Putters Paradise uses the weighted average Inventory conting 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 2. Journaltze Putter's Paradise's Inventory transactions using the weighted average Inventory costing method. (Assume purchases and sales are made on account.) 8 Print Done Print Done Enter any number in the edit Delds and then click Check Answer Clear All Check Answer 14 parts remaining

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