This company uses a perpetual inventory system with a weighted average inventory costing method. The following information is available for the month of April. April 1 On hand, 30 units at $5.00 each $150 8 Purchased 40 units at $5.35 each 214 15 Sold 50 units 22 Purchased 40 units at $5.20 each 208 30 On hand, 60 units What is the cost of ending inventory on April 30th?

Leave a Comment / Uncategorized

This company uses a perpetual inventory system with a weighted average inventory costing method. The following information is available for the month of April.

April 1 On hand, 30 units at $5.00 each $150
8 Purchased 40 units at $5.35 each 214
15 Sold 50 units
22 Purchased 40 units at $5.20 each 208
30 On hand, 60 units

What is the cost of ending inventory on April 30th?

Related Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

Is this question part of your Assignment?

Get expert help

Girl in a jacket


We are a team of academic consultants with extensive experience in writing academic papers for college students in the US, Canada, UK, AU, and other parts of the world.

We help students with both technical and non-technical assignments across all majors & academic disciplines.

Unlike what our name suggests, we research and draft everything word for word. We do not use AI or any rewriting tool! We provide Turnitin reports for AI & Turnitin alongside every paper.

Need help? Send us your assignment now!

description here description here description here