WHAT IS THE " COST PER UNIT "??   Vaughn Distribution markets CDs of the performing artist Unique. At the beginning of October, Vaughn had in beginning inventory 2,000 of Unique’s CDs with a unit cost of $5. During October, Vaughn made the following purchases of Unique’s CDs. Oct. 3   2,500  @  $6   Oct. 19   3,000  @  $8 Oct. 9   3,500  @  $7   Oct. 25   4,000  @  $9 During October, 10,850 units were sold. Vaughn uses a periodic inventory system.

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter5: Inventories And Cost Of Goods Sold
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WHAT IS THE " COST PER UNIT "??

 

Vaughn Distribution markets CDs of the performing artist Unique. At the beginning of October, Vaughn had in beginning inventory 2,000 of Unique’s CDs with a unit cost of $5. During October, Vaughn made the following purchases of Unique’s CDs.

Oct. 3   2,500  @  $6   Oct. 19   3,000  @  $8
Oct. 9   3,500  @  $7   Oct. 25   4,000  @  $9


During October, 10,850 units were sold. Vaughn uses a periodic inventory system.

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