Weighted Average Cost Flow Method Under Perpetual Inventory System

Weighted Average Cost How Method Under Perpetual Inventory System The following units of a particular item were able for sale during the calendar year Jan 1 Inventory 4000 540 Apr 19 Sale 2500 units June 30 Purchase 4500 units at 4 Sept 2 Sale souts Nov 15 Purchase 2000 units 546 The firm uses the weighted average come with a perpetual inventory. 20 Purchase 7000 units at 8025 The firm uses the weighted.

Solved Weighted Average Cost Flow Method Under Perpetual Chegg Com

19 Sale 2500 units June 30 Purchase 4500 units at 44 Sept.

. Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. 15 Purchase 2000 units at 46 The firm uses the weighted average cost. Recalculating the average cost again resulted in an average cost of 3124 per unit.

When the weighted average cost method is used in a perpetual inventory system a weighted average unit cost for each item is computed A. 9 Sale 45000 units Oct. Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year.

Round unit cost to two decimal places if necessary. Sales - cost of merchandise sold gross profit 110 - 60 50 Ending Inventory. At the end of the year.

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. 1 Inventory 10000 units at 7500 Mar. 9 Sale 15000 units Oct.

9 Sale 15000 units Oct. 1 Inventory 4000 units at 20 Apr. 1 Inventory 30000 units at 3000 Mor.

1 Inventory 4000 units at 40 Apr. 1 Inventory 4000 units at 40 Apr. 9 Sale 15000 units Oct.

1 Inventory 4000 units at 40 Apr. Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. 20 Purchase 10500 units at 6420 The firm uses the weighted average cost method with.

Round unit cost to two decimal places if necessary. 9 Sale 22500 units Oct. 15 Purchase 2000 units at 46 The firm uses the weighted average cost method with a perpetual.

20 Purchase 21000 units at 3210 The firm uses the weighted. Cost of Merchandise Sold Unit Total Unit Total Total Quantity Cost Cost Quantity Cost Cost Quantity Unit Cost Cost Jan. 19 Sale 2500 units June 30 Purchase 4500 units at 44 Sept.

6-8- Weighted Average cost flow method under perpetual inventory system The following units of a particular item were available for sale during the calendar year. 2 Sale 4500 units Nov. Under the Weighted average cost method.

All sold units 3 are added together and divided by the number of units 3. The last transaction was an additional purchase of 210 units for 33 per unit. 20 Purchase 7000 units at 8025 The firm uses the weighted average.

The firm uses the weighted average cost method with a perpetual inventory system. Each time a purchase is made. The firm uses the weighted average cost method with a perpetual inventory system.

1 Inventory 10000 units at 7500 Mar. 20 Purchase 7000 units at 8025 The firm uses the. Present the data in the form illustrated in Exhibit 5.

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. The firm uses the weighted average cost method with a perpetual inventory system. 19 Sale 2500 units June 30 Purchase 4500 units at 44 Sept.

Jan 1 Inventory 10000 units at 7500 Mar 18 Sale 8000 units May 2 Purchase 18000 units at 7750 Aug 9 Sale 15000 units Oct 20 Purchase 7000 units at 8025 Purchases Cost of Merchandise. 9 Sale 15000 units Oct. 1 Inventory 4000 units at 20 Apr.

When a perpetual inventory system is used the weighted average is calculated each time a purchase is made. 18 Sale 8000 units May 2 Purchase 18000 units at 7750 Aug. 18 Sale 12000 units May 2 Purchase 27000 units at 6200 Aug.

1 Inventory 15000 units at 6000 Mar. 18 Sale 8000 units May 2 Purchase 18000 units at 7750 Aug. 2 Sale 5000 units Nov.

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. The first and last purchases will be added together. 1 Inventory 10000 units at 7500 Mar.

2 Sale 5000 units Nov. 20 Purchase 7000 units at 8025 The firm uses the weighted. 7 rows The firm uses the weighted average cost method with a perpetual inventory system.

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. At the beginning of each month. QuestionWeighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year.

15 Purchase 1000 units at 25 The firm uses the weighted average cost. Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. A company at the beginning of the fiscal year per January 1 reported an initial inventory of 300 units at a cost in Dollars of 100 per unit.

Each time a sale is made. 18 Sale 24000 units May 2 Purchase 54000 units at 3100 Aug. Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year.

Determine the cost of merchandise sold for each sale and the inventory balance after each sale. 50 purchase from June 2 70 purchase from June 23 ending inventory 50 70 120. Present the data in the form illustrated in Exhibit 5.

18 Sale 8000 units May 2 Purchase 18000 units at 7750 Aug. 19 Sale 2500 units June 30 Purchase 6000 units at 24 Sept. Ending inventory was made up of 285 units at 3124 each for a total AVG perpetual ending.

1 Inventory 10000 units at 7500 Mar. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. 18 Sale 8000 units May 2 Purchase 18000 units at 7750 Aug.

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for sale during the calendar year. 15 Purchase 1000 units at 25 The firm uses the weighted average cost method with a. Determine the cost of merchandise sold for each sale and the inventory balance after each sale.

Present the data in the form illustrated in Exhibit 6. 2 Sale 5000 units Nov. For example after the June 7 purchase the balance in inventory is 2 units with a total cost of 500 1 unit at 200 1 unit at 300 resulting in an average cost per unit of 250 500 2 units 250.

15 Purchase 2000 units at 46 The firm uses the weighted average cost. 2 Sale 4500 units Nov. 19 Sale 2500 units June 30 Purchase 6000 units at 24 Sept.

Below we will exemplify the use of the weighted average cost method and identify differences in the allocation of inventory costs in the periodic and lasting inventory systems.

Solved Weighted Average Cost Flow Method Under Perpetual Chegg Com

Solved Weighted Average Cost Flow Method Under Perpetual Chegg Com

Solved Weighted Average Cost Flow Method Under Perpetual Chegg Com