Question
Coachlight Incorporated uses a periodic inventory system. The company purchased 200 units of inventory at $18.00 per unit and 300 units at $19.00 per
Coachlight Incorporated uses a periodic inventory system. The company purchased 200 units of inventory at $18.00 per unit and 300 units at $19.00 per unit. What is the weighted average unit cost for these purchases of inventory? (Round your final answer to two decimal places.) Multiple Choice $18.00 $18.50 $18.60 $19.00
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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