Question: QUESTION 10 A company had the following purchases during its first year of operations: Purchases 20 units at $7 30 units at $8 January April

QUESTION 10 A company had the following purchases during its first

QUESTION 10 A company had the following purchases during its first year of operations: Purchases 20 units at $7 30 units at $8 January April May Sales 15 units at $14 The company uses the weighted average method to determine the cost of its inventory What is the weighted average cost per unit in May (round to one decimal place if necessary? b. What is the cost of goods sold in May? What is the cost of ending inventory in May? For the toolbar, press ALT+F10 (PC) or ALTHFNF10 (Mac) BIS Paragraph Arial 10pt V > A 2 IX

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