The activity for a specific inventory item for the month of March was follows: Wor Per Unit Total Usts Cost October 1 in
Posted: Mon May 02, 2022 7:16 am
The activity for a specific inventory item for the month of March was follows: Wor Per Unit Total Usts Cost October 1 inventory Cost 30 $28 $840 Purchases October 3 100 30 3,000 October 13 60 32 1,920 October 15 20 36 3.240 Goods Available for Sale 280 $2.000 Sales October 8 110 October 22 120 23.0 Using weighted average cost under a periodic inventory system, what is the balance of inding Inventory (round intermediate and final calculations to the nearest dollar) as at October 31" $2,160 $2.040 $1,980 $1,600