I am trying to fing the weighted-average cost. Please help me. Thanks! ...
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Accounting
I am trying to fing the weighted-average cost. Please help me. Thanks!
Problem 6-5A You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory Date Oct. 1 Oct. 9 Oct. 11 Sale Oct. 17Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale Units 79 159 132 132 79 93 146 Description Unit Cost or Selling Price $32 34 46 36 53 38 53 Beginning inventory Purchase Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit
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