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Windsor Company uses the perpetual inventory system and the weighted average cost formula. The following information is available for the month of June: Unit
Windsor Company uses the perpetual inventory system and the weighted average cost formula. The following information is available for the month of June: Unit Date Explanation Units Cost Jun 1 Beginning Inventory 310 $10 Jun 15 Purchase 410 10 Jun 17 Sale 360 ? Jun 24 Purchase 510 12 Prepare a schedule to show cost of goods sold and the value of the ending inventory for the month of June. Date Units Jun 1 Jun 15 Jun 17 Jun 24 +A. Purchases Cost +A +A $ Total Units
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