Discuss a weighted-average perpetual inventory system


Given the following events, what is the per-unit value of ending inventory on November 30 if this company uses a weighted-average perpetual inventory system?

  • November 1: 5 units were purchased at $6 per unit.
  • November 12: 10 units were purchased at $7.50 per unit.
  • November 14: 7 units were sold for $14 per unit.
  • November 24: 12 units were purchased at $10 per unit.

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Accounting Basics: Discuss a weighted-average perpetual inventory system
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