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requirement 3 . prepare a perpetual inventory record, using the weighted - average inventory costing method, and determine the companys cost of goods sold, ending

requirement 3. prepare a perpetual inventory record, using the weighted-average inventory costing method, and determine the companys cost of goods sold, ending merchandise inventory, and gross profit. (rounded weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Transactions: jan 5. purchase 140 crates @ $87 each, jan 13 sale 160 crates @$102 each, jan. 18 purchase 154 crates $91 each, jan. 26 sale 200 crates @ $104 each

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