In its first month of operations, Bramble Inc. made three purchases of inventory in the...
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Accounting
In its first month of operations, Bramble Inc. made three purchases of inventory in the following sequence: (1) 380 units at $ 10 each, (2) 710 units at $ 13 each, and (3) 820 units at $ 12 each. A physical inventory count determined that there were 610 units on hand at the end of the month. Assuming Bramble uses a periodic inventory system.
I need help finding the weighted average cost
thankyou
Calculate the cost of the ending inventory and cost of goods sold using average. (Round final answers to 2 decimal places, e.g. 1.25.) Weighted average cost $ 11.79 Ending inventory $ LA $ 7304.03 Cost of goods sold $ 15565.97
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