From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 Septenber 30 November 10 Units Unit cost $1.60 2.10 2.60 2.85 13 14 19 3.60 3.80 19 33 15 4.00 Decenber 15 4.40

From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 Septenber 30 November 10 Units Unit cost $1.60 2.10 2.60 2.85 13 14 19 3.60 3.80 19 33 15 4.00 Decenber 15 4.40

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter7: Inventories

Section: Chapter Questions

Problem 4PEB: Beginning inventory, purchases, and sales for WCS12 are as follows: Assuming a perpetual inventory...

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