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Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for H76 are as follows: July 1 Inventory

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Answer #1

A - $132 per unit and total $59400

90×120+360×135=59400

59400÷450 =132

B -360 ×132 = $47520

And $132 per unit cost of selling unit

C - 90 ×132 = $11880

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Answer #2

A. 132

B. 43560

C. 15840







300

120

36000




210

120

25200

90

120

10800

360

135

48600




450

132

59400




330

132

43560

120

132

15840

Weighted avg perpetual

(90*120)+(360*135)=59,400

59400/450=132  weighted average unit cost after the July 23 purchase


answered by: Katherine Davis
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