Essay
Given the following information,determine the cost of goods sold at November 30 using the Weighted Average perpetual inventory method.
November 3: 15 units were purchased at $8 per unit.
November 11: 18 units were purchased at $9.50 per unit.
November 15: 15 units were sold at $45 per unit
November 18: 30 units were purchased at $10.75 per unit
November 30: 20 units were sold at $55 per
Correct Answer:
Verified
15 * 8=120
18 * 9.50=171
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Correct Answer:
Verified
18 * 9.50=171
3...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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