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Transactions for Wildhorse Ltd. for the month of June were: Purchases Sales June 1 (balance) 420 @ $3.20 June 2 350 @ $5.50 3
Transactions for Wildhorse Ltd. for the month of June were: Purchases Sales June 1 (balance) 420 @ $3.20 June 2 350 @ $5.50 3 1120 @ 3.10 6 800 @ 5.50 7 630 @ 3.30 9 550@ 5.50 15 900 @ 3.40 10 200 @ 6.00 22 260@ 3.50 18 710@ 6.00 25 160 @ 6.00 Wildhorse Ltd. uses the periodic inventory system. The ending inventory on a weighted average cost basis, rounded to the nearest dollar, is (Round intermediate calculations to 3 decimal places, e.g. 2.456.)
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