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- UUUURRology 100 - Accounting 1 D. INVENTORY COSTING METHODS (11 Marks) Mana Company uses the perpetual inventory system and the weighted average cost formula

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- UUUURRology 100 - Accounting 1 D. INVENTORY COSTING METHODS (11 Marks) Mana Company uses the perpetual inventory system and the weighted average cost formula following information is available for the month of June: Date Explanation Units Unit Cost Jun 1 Beginning Inventory $ 10 Jun 15 Purchase 300 Jun 17 Sale 250 Jun 24 Purchase 400 200 11 Instructions Prepare a schedule to show cost of goods sold and the value of the ending Inventory for the month of June

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