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A company uses a weighted-average perpetual inventory system. The following transactions took place during the month of November: November 15 units were purchased at $6.00
A company uses a weighted-average perpetual inventory system. The following transactions took place during the month of November: November 15 units were purchased at $6.00 per unit November 1210 units were purchased at $7.50 per unit November 147 units were sold for $14.00 per unit November 2412 units were purchased at $10.00 per unit What is the per-unit value of ending inventory on November 30 if this company uses a weighted-average perpetual inventory system? (Round each per unit cost to 2 decimal places.) Multiple Choice $6.00 $7.00 $8.80 $13.00
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