The Weighted Average periodic inventory method


Given the following information, determine the cost of goods sold at December 31 using the Weighted Average periodic inventory method.
December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 11: 12 units were sold at $35 per unit.
December 15: 20 units were purchased at $10.15 per unit.
December 22: 18 units were sold at $35 per unit.


$284.70

$290.70

$210.30

$332.10

$282.15

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Accounting Basics: The Weighted Average periodic inventory method
Reference No:- TGS0684113

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