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Take me to the text One Product Company has a fiscal year end on December 31. The company has only one product in inventory, and
Take me to the text One Product Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are identical (homogenous). The opening balance unit price is $11 per unit. Complete the following schedule to calculate the value of ending inventory using the weighted average cost method under the perpetual inventory system. Then calculate the cost of goods sold for the year 2019. Do not enter dollar signs or commas in the input boxes Bound all answer to 2 decimal places Date Purchases Sales Balance Quantity Cost Quantity Cost Quantity Value $ Jan 27 100 1000 $ Feb 21 11 $12.00 111 1232 S Mar 21 9 12 $14.00 123 1400 $ Apr 7 Jul 4 12 $16.00 Sep 16 28 $11.38 95 93 $ 107 S 21 21 $11.90 66 99 11 $11.90 75 Now 21 Requised Quiz havaya
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