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Axme used a weighted average perpetual inventory system. Aug. 2, 12 units were purchased at $12.50 per unit. Aug. 18, 14 units were purchased at
Axme used a weighted average perpetual inventory system.
Aug. 2, 12 units were purchased at $12.50 per unit.
Aug. 18, 14 units were purchased at $18.00 per unit.
Aug. 29, 24 units were sold.
Aug. 31, 17 units were purchased at $15.50 per unit.
What is the per-unit value of ending inventory on Aug. 31?
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