Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date May 1 15 24 (a) Explanation Inventory Purchase Purchase Total Units Unit Cost 32 25 43 100 $8 Weighted-average unit cost $ 9 10 Total Cost $256 225 430 $911 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date May 1 15 24 (a) Explanation Inventory Purchase Purchase Total Units 32 25 43 100 Unit Cost $8 Weighted average unit cost $ 9 10 Total Cost $256 225 430 c $911 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date May 1 15 24 (a) Explanation Inventory Purchase Purchase Total Units Unit Cost 32 25 43 100 $8 Weighted-average unit cost $ 9 10 Total Cost $256 225 430 $911 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date May 1 15 24 (a) Explanation Inventory Purchase Purchase Total Units 32 25 43 100 Unit Cost $8 Weighted average unit cost $ 9 10 Total Cost $256 225 430 c $911 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Ayayai Corp. uses a periodic inventory system. Its records show the following
for the month of May, in which 69 units were sold. Date May 1 15 24 (a)
Explanation Inventory Purchase Purchase Total Units Unit Cost 32 25 43 100
$8 Weighted-average unit cost $ 9 10 Total Cost $256 225 430 $911 Calculate
the weighted-average unit cost. (Round answer to 3 decimal places, e.g.
5.125.)
Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold.
Date
May 1
15
24
(a)
Explanation
Inventory
Purchase
Purchase
Total
Units
32
25
43
100
Unit Cost
$8
Weighted average unit cost $
9
10
Total Cost
$256
225
430
c
$911
Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
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