Calculate the ending inventory using a moving


Question - Calculate the ending inventory using a moving weighted-average assuming a perpetual inventory system

Date        Item              Units              Per Units

Nov1     Beg Inv            26                  $197

     5       Sale                 (12)                    300

    12      Purchase         65                   210

    16       Sale               (50)                    305

    19       Purchase       38                      215

    22      Sale               (62)                    310

   26        Purchase       40                     216

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Calculate the ending inventory using a moving
Reference No:- TGS02532483

Now Priced at $25 (50% Discount)

Recommended (91%)

Rated (4.3/5)