> Weighted average cost method with perpetual inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows: Date Transaction Jan. 1 Inventory 10 Purchase 28 Sale 30 Sale Feb. 5 Sale 10 Purchase 16 Sale 28 Sale Mar. 5 Purchase 14 Sale 25 Purchase 30 Sale Date lan 1 Number of Units Per Unit Total Purchases Quantity Time Remaining: 1:28:43 7,300 21,900 10,950 3,650 1,460 52,560 26,280 24,820 43,800 29,200 7,300 25,550 $73.00 $532,900 83.00 1,817,700 146.00 1,598,700 532,900 213,160 4,493,880 4,099,680 3,871,920 3,832,500 156.00 4,555,200 642,400 88.00 156.00 3,985,800 146.00 146.00 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 5, using the weig places, if necessary. Round all total cost amounts to the nearest dollar. 85.50 156.00 156.00 87.50 Purchases Unit Cost Purchases Total Cost Cost of Goods Sold Quantity Cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost

Weighted average cost method with perpetual inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows: Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 5 , using the wi places, if necessary. Round all total cost amounts to the nearest dollor