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Carol Corp has the following inventory data for February 2018: Beginning Units: 7,500 Ending Units: 7,900 Cost in Excess of Market Per/Unit At Januart 31st:
Carol Corp has the following inventory data for February 2018:
- Beginning Units: 7,500
- Ending Units: 7,900
- Cost in Excess of Market Per/Unit At Januart 31st: 3.00
- Replacement Cost per unit at February 28th: 40
- Decrease in February Gross Profit Associated with LOCM: 7,125
What is Inventory Cost per unit at February 28th? (Don't Round)
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