Products in a store consist of the following: 200 units on hand in January 1, 2019...

  

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Products in a store consist of the following: 200 units on hand in January 1, 2019 at a cost of $150 each. On April 3, it purchased 300 units at a cost of $175 each and an additional of 500 units at $200 each on October 1. The entity sold 400 units on November 25 and 400 units on December 10. What is the weighted average cost of the inventory on December 31, 2019? $73.000 $36,500 $40,000 $35,000 Products in a store consist of the following: 200 units on hand in January 1, 2019 at a cost of $150 each. On April 3, it purchased 300 units at a cost of $175 each and an additional of 500 units at $200 each on October 1. The entity sold 400 units on November 25 and 400 units on December 10. What is the weighted average cost of the inventory on December 31, 2019? $73.000 $36,500 $40,000 $35,000

Answer rating: 100% (QA)

Answer B 36500 Total Cost A Units B Openiing Stock as on 300... View the full answer