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Question 3 of 6 - 3 0 Pharoah Company uses a perpetual inventory system. The company began 2 0 2 4 with 8 0 0
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Pharoah Company uses a perpetual inventory system. The company began with lamps in inventory at a cost of $ per unit. During Pharoah had the following purchases and sales of lamps:
tableFebruary Purchased, units @ $ per unitApril Sold, units @ $ per unitJune Purchased, units @ $ per unitOctober Sold, units @ $ per unitDecember Purchased, units @ $ per unit
All purchases and sales are on account.
a
Calculate the cost of goods sold and ending inventory using weighted average. Round the weighted average cost per unit to decimal places, eg and final answers to decimal places, eg
Weighted Average
Cost of goods sold
$
Ending inventory
$
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