weighted average and specific ID

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and Units Sold at Retail Units Acquired at Cost 630 units @ $50 per unit 370 units @ $46 per unit 100 units @ $34 per unit Date Activities Jan. 1 Beginning inventory Feb. 10 Purchase Mar. 13 Purchase Mar. 15 Sales Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales Totals 740 units @ $75 per unit 160 units @ $55 per unit 520 units @ $51 per unit 680 units @ $75 per unit 1,420 units 1,780 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. Cost of goods available for sale Number of units available for sale 1,780 units Goods Purchased # of Cost per units unit Cost of Goods Sold # of units Cost per sold unit Cost of Goods Sold Date Inventory Balance # of units Cost per Inventory unit Balance 630 @ $50.00 = $ 31,500.00 Jan 1 Feb 10 370 @ $ 46.00 630 370 1,000 @ @ @ $50.00 = $ 46.00 = $ 31,500.00 17,020.00 $ 48,520.00 Average Mar 13 100 @ $ 34.00 $ 34.00 = 100 100 @ @ 3,400.00 $ 3,400.00 Mar 15 Aug 21 Average Sept 5 Sept 10 Totals $ 0.00 Goods Purchased # of Cost per units unit Cost of Goods Sold # of units Cost per cost of Goods Sold sold unit Date Inventory Balance # of units Cost per Inventory unit Balance 630 @ $50.00 = $ 31,500.00 January 1 February 10 March 13 March 15 Aug 21 Sep 5 Draw 5 of 7 !!! Next > Ch Aug 21 Sep 5 Sep 10 Totals 0.00