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Davilo Co. had the following inventory activity during April: Units Unit Cost Beginning inventory 100 8 Purchase (April 3) 60 12 Sale (April 10) 80
Davilo Co. had the following inventory activity during April:
Units | Unit Cost | |
Beginning inventory | 100 | 8 |
Purchase (April 3) | 60 | 12 |
Sale (April 10) | 80 | |
Purchase (April 18) | 50 | 15 |
Purchase (April 23 | 80 | 18 |
Sale (April 28) | 100 |
Assuming Davilo uses a periodic weighted average cost flow assumption, the weighted average cost per unit in April would be:
a. $12.00
b. $12.79
c. $13.25
d. $15.32
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