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You are given the following information for Wildhorse Company for the month ended November 30, 2024: Date Nov. 1 9 15 22 29 30 (a)
You are given the following information for Wildhorse Company for the month ended November 30, 2024: Date Nov. 1 9 15 22 29 30 (a)
Description Beginning inventory. Purchase Sale Purchase Sale Purchase Units 56 110 (115) 145 (160) 43 Unit Cost $51 48 45 43 Wildhorse Company uses a perpetual inventory system. All sales and purchases are on account. 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.)
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