Swifty Company uses a periodic inventory system, For April, when the company sold 420 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase (81) Units Unit Cost $13 16 240 440 320 1.000 A 16.17 Total Cost $3.120 7040 5.440 $15,600 Calculate weighted average cost per unit (Round answer to 2 decimol ploces, d 22
Swifty Company uses a periodic inventory system, For April, when the company sold 420 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase (81) Units Unit Cost $13 16 240 440 320 1.000 A 16.17 Total Cost $3.120 7040 5.440 $15,600 Calculate weighted average cost per unit (Round answer to 2 decimol ploces, d 22
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Rahul
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Swifty Company uses a periodic inventory system. For April, when the company sold 420 units, the following information i
April 1 inventory
April 15 purchase
April 23 purchase
(31)
Units
240
440
320
1.000
Unit Cost
$13
Weighted average cost per unit
16
17
Total Cost
$3.120
7.040
5.440
$15,600
Calculate weighted-average cost per unit (Round answer to 2 decimol ploces, es 2.763
ailable.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7be0afa7-e75b-4a06-9eb1-e13eda152a12%2F70f5477d-c07a-425d-a9ae-c4ffa8424117%2F81ss2ve_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Current Attempt in Progress
Swifty Company uses a periodic inventory system. For April, when the company sold 420 units, the following information i
April 1 inventory
April 15 purchase
April 23 purchase
(31)
Units
240
440
320
1.000
Unit Cost
$13
Weighted average cost per unit
16
17
Total Cost
$3.120
7.040
5.440
$15,600
Calculate weighted-average cost per unit (Round answer to 2 decimol ploces, es 2.763
ailable.
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