Beginning inventory, purchases, and sales for WCS12 are as follows:
Oct. 1
Inventory
320 units at [tex]$12 13 Sale 150 units 22 Purchase 330 units at $[/tex]13
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.
X per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the
cost of goods sold on October 29 Round your "average unit cost to two decimal places.
X
c. Assuming a perpetual inventory system and using the weighted average method, determine the
inventory on October 31. Round your "average unit cost" to two decimal places.
X
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