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July 1 Inventory 100 units at $400

12 Sale70 units

23 Purchase120 units at $450

26 Sale110 units


Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the July 23 purchase.

cost per unit?


Assuming a perpetual inventory system and using the weighted average method, determine the cost of the merchandise sold on July 26.

?

 Assuming a perpetual inventory system and using the weighted average method, determine the inventory on July 31.

?

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Average cost per unit is $440 Cost of... View the full answer

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