mzsheka1493 mzsheka1493

25-03-2024
Mathematics

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Perpetual Inventory Using Weighted Average

Beginning inventory, purchases, and sales for WCS12 are as follows:

Oct. 1 Inventory 330 units at $12
13 Sale 190 units
22 Purchase 360 units at $14
29 Sale 200 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.

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