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1500 Swifty's Place recorded the following data: Units Date Received Sold On Hand Unit Cost 1/1 Inventory 500 $2.10 1/8 Purchase 1000 1500 3.00 1/12
1500 Swifty's Place recorded the following data:
| Units | ||||||
Date |
| Received | Sold | On Hand | Unit Cost | ||
1/1 Inventory |
| 500 | $2.10 | ||||
1/8 Purchase |
| 1000 | 1500 | 3.00 | |||
1/12 Sold |
| 1160 | 340 |
The weighted-average unit cost of the inventory at January 31 is:
$3.40
$2.70
$2.10
$2.60
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