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Colletti Company recorded the following data: Units Unit Date Received Sold On Hand Cost 1/1 Inventory 600 $4.00 1/8 Purchased 900 1,500 4.40 1/12
Colletti Company recorded the following data: Units Unit Date Received Sold On Hand Cost 1/1 Inventory 600 $4.00 1/8 Purchased 900 1,500 4.40 1/12 Sold 1,200 300 The weighted average unit cost of the inventory at January 31 is: a. $4.00. b. $4.20 c. $4.24. d. $4.40.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
