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Weighted average cost method with perpetual inventory The beginning inventory at Midnight Supplies and data on purchases and sales for a three - month period
Weighted average cost method with perpetual inventory
The beginning inventory at Midnight Supplies and data on purchases and sales for a threemonth period ending March are as follows:
Date Transaction Number
of Units Per Unit Total
Jan. Inventory $ $
Purchase
Sale
Sale
Feb. Sale
Purchase
Sale
Sale
Mar. Purchase
Sale
Purchase
Sale
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