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Solve the cost of goods sold for the period

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Reference no: EM133002055

Problem 1: Solve the cost of goods sold for the period using the weighted -average method for a periodic inventory system, rounding to tge nearest dollar.

1/1 beginning inventory 40 units at $12 per unit
3/5 purchases 20 units at $14 per unit
4/15 Sale 30 units at & 30 per unit
5/30 Purchases 40 units at $11 per unit
11/15 Sale 50 units at $32 per unit
12/31 Ending Inventory 20 units

Reference no: EM133002055

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