Learning Tree,Inc.
The following data is available for one of the products sold by Learning Tree,Inc. ,which uses the perpetual inventory system:
Refer to the data for Learning Tree,Inc.
Explain why the amounts for ending inventory are different under the two average cost methods--weighted average(periodic)and moving average(perpetual).

Question

Learning Tree,Inc.
The following data is available for one of the products sold by Learning Tree,Inc. ,which uses the perpetual inventory system:
  Refer to the data for Learning Tree,Inc.
Explain why the amounts for ending inventory are different under the two average cost methods--weighted average(periodic)and moving average(perpetual).

Quizplus · Accepted Answer

The Answer of Learning Tree,Inc.
The following data is available for one of the products sold by Learning Tree,Inc. ,which uses the perpetual inventory system:
  Refer to the data for Learning Tree,Inc.
Explain why the amounts for ending inventory are different under the two average cost methods--weighted average(periodic)and moving average(perpetual).

Learning Tree,Inc. The Following Data Is Available for One of the Products