In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 195 units. $9, (2) 410 units at $10, and (3) 145 units at $11. (a1) Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $
In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 195 units. $9, (2) 410 units at $10, and (3) 145 units at $11. (a1) Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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![In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 195 units at
$9, (2) 410 units at $10, and (3) 145 units at $11.
(a1)
Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.)
Weighted-average unit cost
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fabdd5434-7351-4eb0-b1bd-693a0d7431e6%2F580f3b18-dc2a-48ee-8fc8-26c7a7c6844f%2Faa04309_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence: (1) 195 units at
$9, (2) 410 units at $10, and (3) 145 units at $11.
(a1)
Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.)
Weighted-average unit cost
$
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