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Weighted average cost method with perpetual inventory apter 7 Work eBook Calculator Weighted Average Cost Method with Perpetual Inventory The beginning inventory for Dunne Co.
Weighted average cost method with perpetual inventory
apter 7 Work eBook Calculator Weighted Average Cost Method with Perpetual Inventory The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows: Number Date Transaction Per Unit Total of Units Apr. 3 Inventory 25 75 40 30 60 50 20 80 40 25 35 $1,200 $30,000 1,240 93,000 2,000 80,000 60,000 75,600 2,000 100,000 2,000 40,000 1,260 100,800 90,000 56,250 1,26444,240 99,000 8 Purchase 11 Sale 30 Sale 2,000 May 8 Purchase 1,260 10 Sale 19 Sale 28 Purchase June 5 Sale 2,250 16 Sale 21 Purchase 28 Sale 2,250 2,250 Required: 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the on Step by Step Solution
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