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Determine average unit cost

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Question - Basic accounting: using the Perpetual Accounting in weighted Average method

Any notes are appreciated.

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for JWWZ9 are as follows:

Jan.1  Inventory 300units at $8

Jan.13 Sale  175 units at

Jan.22 Purchase 375 units at $10

Jan.29 Sale 280 units

1. Determine average unit cost after Jan. 22 purchase?

2. Determine the cost of goods on Jan. 29?

3. Determine inventory on Jan. 31?

Reference no: EM131697580

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