its first month of operations, Tamarisk, Inc. made three purchases of merchandise in the following sequence: (1) 165 units at $8, 470 units at $9, and (3) 135 units at $10. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $
its first month of operations, Tamarisk, Inc. made three purchases of merchandise in the following sequence: (1) 165 units at $8, 470 units at $9, and (3) 135 units at $10. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter7: Inventories
Section: Chapter Questions
Problem 4PEB: Beginning inventory, purchases, and sales for WCS12 are as follows: Assuming a perpetual inventory...
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![In its first month of operations, Tamarisk, Inc. made three purchases of merchandise in the following sequence: (1) 165 units at $8,
(2) 470 units at $9, and (3) 135 units at $10.
Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 15.225.)
Weighted average unit cost $
Compute the cost of the ending inventory under the average-cost method, assuming there are 200 units on hand. (Round answer to
O decimal places, eg. 1,250.)
The cost of the ending inventory $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9df4c6b6-831a-466d-b9f9-cc798fa9167e%2Fc64bdaf8-426d-4402-8bf4-2c7b8abcf927%2Fsj44yhj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In its first month of operations, Tamarisk, Inc. made three purchases of merchandise in the following sequence: (1) 165 units at $8,
(2) 470 units at $9, and (3) 135 units at $10.
Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 15.225.)
Weighted average unit cost $
Compute the cost of the ending inventory under the average-cost method, assuming there are 200 units on hand. (Round answer to
O decimal places, eg. 1,250.)
The cost of the ending inventory $
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