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Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were able for sale during the calendar yean Jan

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Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were able for sale during the calendar yean Jan 1 Inventory 4,000 units at $40 Apr. 19 Sale 2.500 units June 30 Purchase 4,500 units at $44 Sept. 2 Sale 5,000 units Purchase 2.000 units at $46 The firm use the weighted werage cost method with perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance her each sale. Present the data in the form illustrated in Exhibits Schedule of Cost of Goods Sold Weighted Average Cost Flow Method Purchases Cost of Goods Sold Inventory Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Jan. 1 No. 15 Apr. 19 une 20 Sest 2 Nov. 15 Dec. 31 Bales

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