Mathematics, 16.05.2021 04:00, 890777

Jan. 1 Inventory 4,000 units at $40 Apr. 19 Sale 2,500 units
June 30 Purchase 4,500 units at $44
Sept. 2 Sale 5,000 units
Nov. 15 Purchase 2,000 units at $46
The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of goods sold for each sale and the inventory balance after each sale. Present the data in the form illustrated in Exhibit 5.

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Jan. 1 Inventory 4,000 units at $40 Apr. 19 Sale 2,500 units
June 30 Purchase 4,500 units at...