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Allarco Inc. employs a perpetual inventory system using weighted average . Allarco Inc. has the following purchases and sales during the year ended December 31
Allarco Inc. employs a perpetual inventory system using weighted average . Allarco Inc. has the following purchases and sales during the year ended December 31 , 2023. Assume all purchases and sales are for cash . Inventory and Purchases Sales Beginning : 300 units @ $ 34 / unit June 30 : 200 units March 24 : 200 units @ $ 37 / unit October 18 : 200 units August 12 : 100 units @ $ 36 / unit The units have a selling price of $ 40.00 per unit . Calculate weighted average cost per unit of merchandise inventory to nearest one
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