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Calculate the cost of ending inventory

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Question - West Company opened a new store on January 1, 2020. During 2020, the following purchases and sales of inventory were made:

Jan 5 Purchase 10 units @$100

Jun 11 Purchase 10 units @$120

Jun 19 Sales 15 units @$200

Oct 18 Purchase 15 units @150

Dec 20 Purchase 20 units @160

Dec 22 Sales 19 units @$210

Calculate the cost of ending inventory, cost of goods sold (COGS) and gross profit using weighted average perpetual.

Reference no: EM133051845

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