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Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 Purchase 24 units at $18.50 per unit. August 18 Purchase
Jammer Company uses a weighted average perpetual inventory system and reports the following:
| August 2 | Purchase | 24 units at $18.50 per unit. |
| August 18 | Purchase | 26 units at $20.00 per unit. |
| August 29 | Sale | 48 units. |
| August 31 | Purchase | 29 units at $21.50 per unit. |
What is the per-unit value of ending inventory on August 31? (Round your per unit answers to 2 decimal places.)
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Fraud Examination Investigative And Audit Procedures
Authors: Joseph T. Wells
1st Edition
089930639X, 978-0899306391
