Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS12 are as...
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Accounting
Perpetual inventory using weighted average
Beginning inventory, purchases, and sales for WCS are as follows:
Oct. Inventory units at $
Oct. Sale units
Oct. Purchase units at $
Oct. Sale units
a Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October purchase. Round
your answer to two decimal places.
$
per unit
b Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October Round your "average unit cost"
to two decimal places.
$
c Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October Round your "average unit cost" to two
decimal places.
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