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Topic: Weighted-Average Cost Method LO: 2 3. Notebook Company reports the following in its inventory records for June: Units Unit Cost Beginning Inventory 10 $12.00

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Topic: Weighted-Average Cost Method LO: 2 3. Notebook Company reports the following in its inventory records for June: Units Unit Cost Beginning Inventory 10 $12.00 Purchase #1 5 $10.00 Purchase #2 5 $14.00 During June, Notebook Company sold 12 units. Using the weighted average cost method, compute the cost of goods sold for June and the June 30 ending inventory balance for this product on on

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