Additional Problem 8 The foll 31, 2017: owing inventory transactions took place for Carla Vista...
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Additional Problem 8 The foll 31, 2017: owing inventory transactions took place for Carla Vista Ltd. for the year ended December Cost/ Selling Quantity Price Jan 1 opening inventory 20,400 $46.50 4,700 78.00 36,100 40.25 10,300 52.25 40,000 78.00 15,700 43.00 19,400 78.00 10,600 51.75 14,200 78.00 Date Event Jan 5 sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale Calculate the ending inventory balance for Carla Vista Ltd., assuming the company uses a periodic inventory system and the weighted average cost formula. Also calculate the per-unit cost of the last item sold. (Round weighted average cost and unit costs of next unit to be sol to 2 decimal places,e.g. 52.75 and ending inventory to O decimal places, e.g. 5,275.) Ending inventory Unit cost of the last item sold $
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