Perpetual Inventory: Weighted Average Method for Unit Cost and

Perpetual inventory using weighted average Beginning inventory, purchases, and sales for WCSlZ are as follows: Oct. 1 Inventory 340 units at $15 Oct. 13 Sale 180 units Oct. 22 Purchase 340 units at $18 Oct. 29 Sale 200 units 3. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. $| 17.04 | J 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. ) $| 3,403 | J c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places. $| 5,112 | J