Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pleaseee please help due soon!!! perpetual inv

pleaseee please help due soon!!! Perpetual inventory using weighted average Beginning...

60.1K

Verified Solution

Question

Accounting

pleaseee please help due soon!!!
image
Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCS12 are as follows: a. Assuming a perpetual ifventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Rounc 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. c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October. J1. Round your "average unit cost" to twe decimal places. r Ches Mowne. When the average cost methad is used in a perpetual inventory system; en average unit cost for each item is computed each time a purchase is made. This unit cost is used to determine the cost of each sale until another purchase is made and a new average is computed

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A monatomic ideal gas expands slowly to twice its original volume, doing 430 J of work...

Physics
Q

How can you use the material learned in this class at your workplace? Either about computer-based...

General Management
Q

Protocells comprised of fatty acids and nucleic acids have been created in the laboratory Where...

Biology
Q

According to the video what are some of the social and community interests being neglected...

Biology
Q

19 Tom was using wire of the following thicknesses 33 mm 275 mm 25 mm...

Basic Math
Q

Estimate 25% of $98.50. Do not give the exact answer use estimation.

Basic Math
Q

Question The graph shows a transformed square root function YA 4 3 2 2 5...

Algebra
Q

eather purchased a $10,000 bond that had 4% coupons and ten years to maturity. If...

Accounting
Q

22. A standard cost system initially records manufacturing costs at the standard rather than the...

Accounting
Q

On February 2, 2000 (a leap year), Karl Kruger borrowed $4280 at 9%. the loan...

Accounting
Q

Explain the three main classifications of a statement of cash flows

Accounting
Q

Switching to powder coating technology will reduce the emission of volatile organic carbons (VOC) for...

Accounting