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You are given the following information for Carla Vista Company for the month ended November 30, 2024: Date Description Units Unit Cost Nov. 1 Beginning
You are given the following information for Carla Vista Company for the month ended November 30, 2024:
Date | Description | Units | Unit Cost | ||||||
---|---|---|---|---|---|---|---|---|---|
Nov. 1 | Beginning inventory | 60 | $50 | ||||||
9 | Purchase | 100 | 44 | ||||||
15 | Sale | (125) | |||||||
22 | Purchase | 150 | 42 | ||||||
29 | Sale | (160) | |||||||
30 | Purchase | 41 | 41 |
Carla Vista Company uses a perpetual inventory system. All sales and purchases are on account.
(a)
Calculate the cost of goods sold and the ending inventory using weighted average. (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,275.75.)
Cost of goods sold | $enter a dollar amount rounded to 2 decimal places | |
---|---|---|
Ending inventory | $enter a dollar amount rounded to 2 decimal places |
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