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Inventory records for Dunbar Incorporated revealed the following: Date /Transaction/ Number of Units /Unit Cost Apr. 1 /Beginning inventory/ 500/ $ 2.47 Apr. 20 /Purchase/
Inventory records for Dunbar Incorporated revealed the following:
Date /Transaction/ Number of Units /Unit Cost
Apr. 1 /Beginning inventory/ 500/ $ 2.47
Apr. 20 /Purchase/ 300/ $2.63
Dunbar sold 570 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.)
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