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Required information [The following information applies to the questions displayed below] A company reports the followin

Posted: Sun Jul 03, 2022 1:14 pm
by answerhappygod
Required Information The Following Information Applies To The Questions Displayed Below A Company Reports The Followin 1
Required Information The Following Information Applies To The Questions Displayed Below A Company Reports The Followin 1 (24.82 KiB) Viewed 21 times
Required Information The Following Information Applies To The Questions Displayed Below A Company Reports The Followin 2
Required Information The Following Information Applies To The Questions Displayed Below A Company Reports The Followin 2 (35.93 KiB) Viewed 21 times
Required information [The following information applies to the questions displayed below] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 350 units. Ending inventory at January 31 totals 150 units. Beginning inventory on January 11 Purchase on January 9 Purchase on January 25 Units 320 80 100 Unit Cost $ 3.00 3.20 3.34 Assume the perpetual inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the weighted average method. (Round your per unit costs to 2 decimal places.)
January 11 Date January 9 Average cost January 9 January 25 Average cost January 25 January 26 Total January 26 Goods purchased Cost per unit of units Weighted Average- Perpetual: Cost of Goods Sold # of units sold Cost per Cost of Goods Sold unit # of units Inventory Balance Cost per unit Inventory Balance