Given the following data, calculate the cost of ending inventory using weighted average method, rounding to the nearest dollar. (Do not sound in the process of your calculations, only round your final answer":
show work and please dont refer me to a site, I would like to know how to go about this problem, even if someone could show me how to set it up would be nice
DATES
1/1 Beginning Inventory 50 units at $10 per unit
2/25 Purchases 30 units at $14 per unit
6/15 Purchases 25 units at $15 per unit
9/20 Purchases 20 units at $16 per unit
12/31 Ending Inventory 45 units