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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Number of Units 560 Unit Apr.20 Purchase 420 Cost $2.42
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Number of Units 560 Unit Apr.20 Purchase 420 Cost $2.42 2.75 Dunbar sold 640 units of inventory during the month. Ending inventory assuming weighted average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.) Multiple Choice $879
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