Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for WCS12 are as follows: Oct. 1   Inventory 300 units at $9 13   Sale 180 units 22   Purchase 380 units at $11 29   Sale 400 units a.  Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places. $ b.  Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places. $ c.  Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places. $

Beginning inventory, purchases, and sales for Item MMM8 are as follows: November 1 Inventory 109 16 9 Sale 91   16 Purchase 129 14 25 Sale 77   Assuming a perpetual inventory system and using the Last-in, first-out (FIFO) method, determine the inventory value on November 30.

Beginning inventory, purchases, and sales for Item 88-HX are as follows: July 1 86 units @ $21 8 69 units 15 95 units @ $23 27 80 units Assuming a perpetual inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on July 27 and (b) the inventory on July 31. a. Cost of goods sold on July 27 b. Inventory on July 31 Inventory Sale Purchase Sale

5.The following data pertain to Cross Company (assume a perpetual inventory system) for the month ended January 31, 2019:   Date           Description                  Units                 Unit Cost       Unit Selling Price     Jan.1        Beg. Inventory                   10                        $50           5        Purchase                              25                          52         10        Sale                                       (6)                                                        $80         16        Sale                                     (10)                                                          82         20        Purchase                              12                          55         25        Sale                                     (20)                                                          85   Required: 1. Compute the cost of goods sold and ending inventory under FIFO. 2. Compute Gross Margin under FIFO