A company uses a weighted average perpetual inventory system. August 2: 10 units were purchased at $12
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Question:
A company uses a weighted average perpetual inventory system.
August 2: 10 units were purchased at $12 per unit.
August 18: 15 units were purchased at $15 per unit.
August 29: 20 units were sold.
August 31: 14 units were purchased at $16 per unit.
What is the per-unit value of ending inventory on August 31?
| $12.00 | |
| $13.80 | |
| $15.42 | |
| $16.00 |
Expert Answer:
Related Book For 
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
Posted Date:
