Date June 1 12 23 Explanation Inventory Purchases Purchases 30 Inventory Units 130 370 200 240 Unit Cost Weighted-average unit cost $ $5 6 7 Total Cost $650 2,220 1,400 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Date June 1 12 23 Explanation Inventory Purchases Purchases 30 Inventory Units 130 370 200 240 Unit Cost Weighted-average unit cost $ $5 6 7 Total Cost $650 2,220 1,400 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter17: Financial Statement Analysis
Section: Chapter Questions
Problem 5PEA
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