Show Me How Calculator Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year: Jan. 1 Inventory 15,000 units at $60.00 Mar. 18 Sale 12,000 units May 2 Purchase 27,000 units at $62.00 Aug. 9 Sale 22,500 units Oct. 20 Purchase 10,500 units at $64.20 The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. Present the data in the form illustrated in Exhibit 5. Round unit cost to two decimal places, if necessary. Perpetual Inventory Account Weighted Average Cost Flow Method Cost of Merchandise Sold Purchases Total Cost Total Cost Unit Cost Quantity Date Unit Cost Quantity Jan. 1 Mar. 18 May 2 Aug. 9 Previous Next Check My Work de 9/18 Mar. 18 Sale 12,000 units May 2 Purchase 27,000 units at $62.00 22,500 units Aug. 9 Sale Oct. 20 Purchase 10,500 units at $64.20 The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. Present the data in the form illustrated in Exhibit 5. Round unit cost to two decimal places, if necessary. Perpetual Inventory Account Weighted Average Cost Flow Method Purchases Cost of Merchandise Sold Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Jan. 1 Mar. 18 May 2 Aug. 9 Oct. 20 Dec. 31 Balances Previous Next Check My Work do 5:41 9/19/ BE D ine the cost of merchandise sold for each sale and the dunit cost to two decimal places, if necessary. Perpetual Inventory Account Weighted Average Cost Flow Method Cost of Merchandise Sold Inventory uantity Unit Cost Total Cost Quantity Unit Cost Total Cost Previous Next 5:41 9/19/