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QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1 Assume the perpetual inventory system is used. Determine the costs assigned to ending
QS 5-7 (Algo) Perpetual: Inventory costing with weighted average LO P1 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.) Weighted Average Perpetual: Cost of Goods Sold Goods purchased Inventory Balance Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance January 11 January 9 Average cost January 9 70 at $ 2.90 ces January 25 Average cost January 25 January 26 Total January 26 100 at $ 3.04 at 70 at $ 2.90- 70 at $ 203.00 203.00 at 100 at $ 100 at 3.04= 304.00 $ 304.00 320 at 140 < Prev 84 of 14 Next >
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