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Bells purchases a group of kitchen accessories for one price of $16662.0. Group No of items in group Ultimate Selling Price per Mixers 100 $218.0
Bells purchases a group of kitchen accessories for one price of $16662.0.
Group | No of items in group | Ultimate Selling Price per |
Mixers | 100 | $218.0 |
Blenders | 200 | $44.0 |
Toasters | 300 | $25.0 |
What is the cost per toaster, when applying the relative sales value method of coming up with inventory cost?
Not sure how to do relative sales method at all, answer should be 10.93
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