Trey Monson starts a merchandising business on December I and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December Monson sells units for $ each.
Purchases on Decimber
Rurchases on December
Purchases on December
units $ cost
units e $ cost
units $ cost
QS Algo Perpetual: Inventory costing with weighted average LO P
Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method: Round your per unit costs to decimal places.
Answer is complete but not entirely correct.
tableWeighted ArerogePeipetinat:tableDsteDecember Goods nurchased,Cost of Goods Sold,Inventory BslancetabletableI ofunitsCost per unit,Inventory Value,tableofunitssoldtableCostpetunittableCost of GoodsSoldof units,tableCost perUnittableImpentoryBalanceat$atDecember atat$sattableAverage cost DecemberatDecember at$atDecember al$alattableAverage cost DecemberatTotals
questtioquesttion: cantt figure out the red xs help.