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Determine the weighted average unit cost

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Reference no: EM133040330

Question - What are the steps to answer this? Beginning inventory, purchases, and sales for WCS12 are as follows:

Oct. 1 Inventory 330 units at $15

Oct. 13 Sale 190 units

Oct. 22 Purchase 360 units at $16

Oct. 29 Sale 400 units

Required - Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase.

Reference no: EM133040330

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