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The Mann Corporation began operations in Year 1 . Information relating to the company's purchases of inventory and sales of products for Year 1 and
The Mann Corporation began operations in Year Information relating to the company's purchases of inventory and sales of products for Year and Year is presented below.
tableYear March Purchase,units,@$per unitJune Sold,units,@$per unitSeptember Purchase,units,@$per unitNovember Sold,units,@$per unit
tableYear MarclPurchase,units,@$pJuneSold,units,@$urSeptemPurchase,units,@$perurNovember Sold,units,@$per
Calculate the weightedaverage cost of goods sold and ending inventory for Year and Year assuming use of a the periodic method and b the perpetual method.
a WeightedAverage Periodic. Do not round your cost per unit. Do not round until your final answer. Round your answers to the nearest whole number.
Year
Cost of goods sold $
Ending inventory $
b WeightedAverage Perpetual, Do not round your cost per unit. Do not round until your final answer. Round your answers to the nearest whole number.
tableYear Cost of goods sold $
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