A company reports the following merchandise purchases and sales for the month of May.
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Date
May
May
May
May
May
May
There was no beginning inventory. If the company uses the weighted average periodic method, what would be the cost of ending inventory?
Note: Round average cost per unit to two decimal places.
tableWeighted average PeriodicCost of Goods Available for Sale,Cost of Goods Sold,Ending Inventory# of units,tableAveCosurtableCosAvtableof Goodslable forSaletable# of unitssoldtableAverageCost perUnittableCost ofGoods Soldtable# of unitsin endinginventorytableAverageCostper unittableEndingInventoryMay $May $May $Total$$
