Question: Units Cost per Unit $ 8 Total Cost $ 40,000 150,000 240,000 10 Inventory, Jan 1st Purchase, June 9th Purchase, Nov 8th 5.000 15,000 20,000

 Units Cost per Unit $ 8 Total Cost $ 40,000 150,000

Units Cost per Unit $ 8 Total Cost $ 40,000 150,000 240,000 10 Inventory, Jan 1st Purchase, June 9th Purchase, Nov 8th 5.000 15,000 20,000 12 7.000 units are on hand at Dec 31st. What is the cost of Ending Inventory under Average Cost? $70,000 $75,250 $56,000 $84,000

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