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Inventory records for COA, Inc. revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning Inventory 1,000 $ 4.25 Mar. 10 Purchase
Inventory records for COA, Inc. revealed the following:
Date | Transaction | Number of Units | Unit Cost |
| |||
Mar. | 1 | Beginning Inventory | 1,000 | $ | 4.25 |
| |
Mar. | 10 | Purchase | 600 |
| 4.50 |
| |
Mar. | 16 | Purchase | 800 |
| 4.75 |
| |
Mar. | 23 | Purchase | 600 |
| 5.00 |
| |
COA sold 2,000 units of inventory during the month.
Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimals)
Inventory records for COA, Inc. revealed the following: Number of Units Date Transaction Unit Cost Mar. 1 Beginning Inventory 1,000 $ 4.25 Mar. 10 Purchase 600 4.50 Mar. 16 Purchase 800 4.75 Mar. 23 Purchase 600 5.00 COA sold 2,000 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimals) Select one: O a. $4,125 O b. $4,583 O c. $4,877 O d. $5,042 O e. $4,405
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