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The following units of a particular item were available for sale during the calendar year The firm uses the weighted average cost meth( w. Determine
The firm uses the weighted average cost meth( w. Determine the cost of merchandise sold for each sale and the inventory baln em each sale. Present the data in the form illustrated in Exhibit 6. EX6-9 Weighted average cost flow method under perpetual inventory system The following units of a particular item were available for sale during the calendar Jan. Apr. June sept. Nov. 19 30 2 15 Inventory Sale Purchase Purchase 4000 units at $20 2,500 units 6000 units at $24 4,500 units 1,000 units at $25
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