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8 Bonita Ltd, uses a periodic inventory system. For June, when the company sold 600 units, the following information is available. Units Unit Cost Total
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Bonita Ltd, uses a periodic inventory system. For June, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost June 1 inventory 180 5 900 June 15 purchase 580 6 3,480 June 23 purchase 380 8 3,040 1.140 7.420 (a) Your answer is correct Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg 2.76.) Weighted average cost per unit 6,51 Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Weighted average cost per unit 6.51 e Textbook and Media Attempts: 1 of 3 used (b) x Your answer is incorrect. Compute the June 30 inventory and the June cost of goods sold using the average-cost method. (Round answers to decimal places, eg. 2,760.) 4166 Ending inventory 3,255 Cost of goods sold Step by Step Solution
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