Question
Amsterdam Company uses a periodic inventory system. For April, when the company sold 660 units, the following information is available. Units Unit Cost Total Cost
Amsterdam Company uses a periodic inventory system. For April, when the company sold 660 units, the following information is available.
| Units | Unit Cost | Total Cost | ||||||
| April 1 inventory | 230 | $14 | $ 3,220 | |||||
| April 15 purchase | 370 | 17 | 6,290 | |||||
| April 23 purchase | 340 | 18 | 6,120 | |||||
| 940 | $15,630 |
| ||||||
Calculate weighted average cost per unit.
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Executive Roadmap To Fraud Prevention And Internal Control Creating A Culture Of Compliance
Authors: Joel T. Bartow, Martin T. Biegelman
2nd Edition
1118004582, 9781118004586
