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A company purchases 180 units at $14 each and 220 units at $21 each. What is the weighted average cost per unit? A) $16.50 B) $17.85 C) $18.90 D) $20.25

A company purchases 180 units at $14 each and 220 units at $21 each. What is the weighted average cost per unit? A) $16.50 B) $17.85 C) $18.90 D) $20.25

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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What is the weighted average cost per unit ?

A company purchases 180 units at $14 each and 220 units at $21 each. What is the weighted average cost per unit? A) $16.50 B) $17.85 C) $18.90 D) $20.25
Transcribed Image Text:A company purchases 180 units at $14 each and 220 units at $21 each. What is the weighted average cost per unit? A) $16.50 B) $17.85 C) $18.90 D) $20.25
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