Question
Coatsie Corp. has a periodic inventory system. The company purchased 230 units of inventory at $12.00 per unit and 360 units at $13.00 per unit.
Coatsie Corp. has a periodic inventory system. The company purchased 230 units of inventory at $12.00 per unit and 360 units at $13.00 per unit.
Required:
1.What is the weighted average unit cost for these purchases of inventory?(Round your final answer to two decimal places.)
Weighted Avg. Cost Per Unit:
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Financial Accounting
Authors: Jane L. Reimers
1st Edition
0131492012, 978-0131492011
