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Required information Knowledge Check 01 Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and

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Required information Knowledge Check 01 Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: Morils il 10 hori 15 pril 20 Poril 22 310 312 114 $17 One unit is sold on April 25. The company uses the weighted average Inventory costing method. Identify the cost of the ending inventory on the balance sheet. (Round your answer to 2 decimal places.) Cost of the winding viventory 5 900

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