Question
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 480 $ 2.43 Apr. 20 Purchase
Inventory records for Dunbar Incorporated revealed the following:
| Date | Transaction | Number of Units | Unit Cost | |||||
| Apr. | 1 | Beginning inventory | 480 | $ | 2.43 | |||
| Apr. | 20 | Purchase | 310 | 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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Global Marketing
Authors: Svend Hollensen
8th Edition
1292251808, 9781292251806
