Question: Beginning inventory on May 1 1 , 8 0 0 units @ $ 5 . 2 0 First purchase on May 7 1 , 9

Beginning inventory on May 1
1,800 units @ $5.20
First purchase on May 7
1,900 units @ $5.40
second purchase on May 17
2,100 units @ $5.50
Third purchase on May 23
1,700 units @ $5.60
Sales on May 31
5,700 units @ $7.10
What is the weighted average cost per unit for May?
Multiple Choice
$7.10
$5.37
$5.50
$5.43
Beginning inventory on May 1
1,800 units @ $5.20
First purchase on May 7
1,900 units @ $5.40
second purchase on May 17
2,100 units @ $5.50
Third purchase on May 23
1,700 units @ $5.60
Sales on May 31
5,700 units @ $7.10
What is the weighted average cost per unit for May?
Multiple Choice
$7.10
$5.37
$5.50
$5.43
 Beginning inventory on May 1 1,800 units @ $5.20 First purchase

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