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weighted Average cost Method under Perpetuatory System The following units amarilar item were able for sale during the calendar War: 1 Inventory 4,000 units at

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weighted Average cost Method under Perpetuatory System The following units amarilar item were able for sale during the calendar War: 1 Inventory 4,000 units at 120 Apr 19 Sale 2.500 units June 30 Purchase 6.000 units at 24 Sept. 2 Sale 4,500 Nov. 15 Purchase 1.000 units at 25 The tum uses the weighted average cost method with a perpetual Inventory system. Determine the cost of merchandise sold for each salt and the entry balance after each sale. Present the data in the form illustrated in Exhibit 5. Round unit cost to two decimal places, if necessary Schedule of Cost of Merchandise Sold Weighted Average cost low Method Purchases Cost of Merchandise Sold Inventor Date Quantity Unit Cost Total Coat Quantity Total cost Unit Cost Quantity Unit Cast Jan |Apr 19 NO.1 Der Balances Schedule of Cost of Merchandise Sold Weighted Average Cost Flow Method Cost of Merchandise Sold Quantity Unit Cost Total Cost Purchases Inventory Unit Cost uantity Total Cost Unit Cost Total Cost Quantity

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