ABC Corporation begins the month of April with 1,200 units of inventory recorded at total historical cost of $12,600. During the month, the company purchases 8,200 additional units for total acquisition cost of $94,710. What is the average cost per unit of inventory available for sale in April? O a. $10.500 O b.$11.550 Oc. $11.416 O d.$13.087

ABC Corporation begins the month of April with 1,200 units of inventory recorded at total historical cost of $12,600. During the month, the company purchases 8,200 additional units for total acquisition cost of $94,710. What is the average cost per unit of inventory available for sale in April? O a. $10.500 O b.$11.550 Oc. $11.416 O d.$13.087

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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