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Weighted Average Cost Flow Method Under Perpetual Inventory System

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were avaliable for sale during the calendar year: \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline & & \multicolumn{7}{|c|}{\begin{tabular}{l} Schedule of Cost of Merchandise Sold \\ Welghted Average Cost Flow Method \end{tabular}} \\ \hline & & \multicolumn{3}{|l|}{ Purchases } & \multicolumn{2}{|c|}{ Cost of Merchandise Sold } & \multirow{2}{*}{\multicolumn{2}{|c|}{ Quantity }} \\ \hline Date & Quantity & Unit cost & Total Cost & Quantity & Unit Cost & Total Cost & & \\ \hline \multicolumn{9}{|l|}{Jan.1} \\ \hline Apr. 19 & & & & & 5 & s & & \\ \hline June 30 & & 4 & s. & & & & & \\ \hline Sept. 2 & & & & & & ( & & \\ \hline \multicolumn{8}{|l|}{ Now. 15} & E \\ \hline Dec. 31 & Balances & & & & & s! & = & C \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{\begin{tabular}{l} Schedule of Cost of Merchandlse Sold \\ Welghted Average Cost Flow Method \end{tabular}} \\ \hline \multicolumn{3}{|c|}{ Cost of Merchandise Sold } & \multicolumn{3}{|c|}{ Inventory } \\ \hline Quantity & Unit cost & Total cost & Quantity & Unit cost & Total cost \\ \hline & & & & 5 & 5 \\ \hline & $ & $ & & L & \\ \hline & & & & 16 & \\ \hline & & E & & 1 & 10 \\ \hline & & & & 1 & y \\ \hline & & $ & & 5 & s. \\ \hline \end{tabular}

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