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You are given the following information for Blossom Company for the month ended November 30, 2024: Date Nov. 1 9 15 22 29 30 Description
You are given the following information for Blossom Company for the month ended November 30, 2024: Date Nov. 1 9 15 22 29 30 Description Units Beginning inventory 55 Purchase 100 Sale (115) Purchase 145 Sale (150) Purchase 40 Unit Cost 548 44 42 41 Blossom Company uses a perpetual inventory system. All sales and purchases are on account. Calculate the costwf goods sold and the ending inventory using weighted average. (Round the weighted average cost per unit and final answers to 2 decimal places, eg. 5,275.75.) Cost of goods sold $ Ending inventory$ Assume the sales price was $67 per unit for the goods sold on November 15. Prepare the journal entry to record the November 15 sale. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round the average cost per unit and final answers to 2 decimal places, e.g. 5.275.75. List all debit entries before credit entries.)
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