Sunland Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawke Date 1/1 2/4 2/20 4/2 11/4 Transaction Beginning inventory Purchase Sale Purchase Sale Quantity Price/Cost 2,300 3,300 3,800 4,300 3,500 $16 24 40 31 44

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Your answer is correct.
Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, e.g. 2.7613)
Weighted-average cost per unit $
25.1818
Transcribed Image Text:Your answer is correct. Calculate the weighted-average cost per unit. (Round answer to 4 decimal places, e.g. 2.7613) Weighted-average cost per unit $ 25.1818
Sunland Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye.
Date
1/1
2/4
2/20
4/2
11/4
Transaction
Beginning inventory
Purchase
Sale
Purchase
Sale
Quantity Price/Cost
2,300
3,300
3,800
4,300
3,500
$16
24
40
31
44
Transcribed Image Text:Sunland Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date 1/1 2/4 2/20 4/2 11/4 Transaction Beginning inventory Purchase Sale Purchase Sale Quantity Price/Cost 2,300 3,300 3,800 4,300 3,500 $16 24 40 31 44
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