WebQuestion: Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 320 units at $9 13 Sale 170 units 22 … WebPerpetual LIFO: To compute the cost assigned to ending inventory using perpetual LIFO method, we need to first identify the units sold during the month of March. As per the information given in the question, 510 units were sold during the month. Using LIFO method, we assume that the most recent units purchased are the first ones to be sold.
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WebAug 28, 2024 · When average costing method is used in a periodic inventory system, the cost of goods sold and the cost of ending inventory is computed using weighted average unit cost. Weighted average unit cost is computed by using the following formula: Weighted average unit cost = Total cost of units available for sale / Number of units available for sale WebWeighted Avg Inventory Schedule: - add previous total cost to the total cost of the new purchase and divide that number amongst the quantity to get unit cost average For example: 6,000 quantity $30 unit cost $180,000 total cost THEN 54,000 quantity $31 unit cost $1674000 total cost You would: $1674000+180000=1854000/60,000=30.90 chemistry easton 期刊缩写
ACC 201 Module 3 . Perpetual Inventory Using Weighted Average...
WebWeighted Average Method - Perpetual Inventory System (Moving Average Method) Learn the basics of inventory cost flow using the Weighted Average Method - Perpetual Show … WebPerpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCSIZ are as follows: Oct. 1 Inventory 340 units at $9 13 Sale 180 units 22 Purchase 340 … WebAssuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1 Inventory 330 units at $10 13 Sale 170 units 22 Purchase 340 units at $12 29 Sale 200 units flight from hyderabad to andaman