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Total Unit Total Cost Cost Read the requement Requirement 3. Prepare a perpetual inventory record for the merchandise inventory using the weighted average inventory costing
Total Unit Total Cost Cost Read the requement Requirement 3. Prepare a perpetual inventory record for the merchandise inventory using the weighted average inventory costing method Start by entering the beginning inventory balances Enter the transactions in chronological order calculating new inventory on band balancos arachnion Once all the action and into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased sold, and on hand at the end of the period Purchases Cost of Goods Sold Inventory on Hand Unit Data Table Total Unit Date Quantity Cost Quantity Cost Cost Quantity 75 20 1500 65 3 20 1300 10 20 Unit Sales Price 200 28 70 Au 1900 30 Aug 8 21 00 15 Aug 21 50 25 45 1125 60 24 Aug 30 Purchase 24 3085 Totals 95 40 Cost Aug. 1 Units Unit Cost Sale 55 . 8 Purchase 70 Sale 15 30 125 Print Done Enter any number in the edit fields and then continue to the next question Savn for at
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