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Basic accounting using the perpetual accounting in weighted

Question - Basic accounting: using the Perpetual Accounting in weighted Average method

Any notes are appreciated.

Perpetual Inventory Using Weighted Average Beginning inventory, purchases, and sales for JWWZ9 are as follows:

Jan.1 Inventory 300units at $8

Jan.13 Sale 175 units at

Jan.22 Purchase 375 units at $10

Jan.29 Sale 280 units

1. Determine average unit cost after Jan. 22 purchase?

2. Determine the cost of goods on Jan. 29?

3. Determine inventory on Jan. 31?

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Accounting Basics: Basic accounting using the perpetual accounting in weighted

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