Weighted Average Cost Method Assignment
COGS on sale to UUU fiscal year-end on December 31. The company has only one product in inventory, and ct are identical (homogenous). Complete the following schedule to calculate the value of the weighted average cost method under the perpetual inventory system. Then calculate for the year 2018. Calculate the unit cost to two decimal places. Round all value amounts to Balance Quantity Unit Cost 15 $10.00 Value $15 AP-ZA KOD Simplex Company has a fiscal year-end on December 31. All units of that product are identical (homogenous).CO ending inventory using the weighted average cost method under the perpen the cost of goods sold for the year 2018. Calculate unit cos the nearest dollar. Purchases Sales Date Quantity Unit Cost Value Quantity Unit Cost Value Jan 1 Feb 13 25 $12 Mar 26 Apr 17 Jul 25 Sep 28 Nov 3 Ending Inventory Cost of goods sold: 16 $13. .