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jammer Company uses a weighted average perpetual inventory system and reports the following: Date Activities Units Acquired at Cost Units Sold at Retail August 2
jammer Company uses a weighted average perpetual inventory system and reports the following:
| Date | Activities | Units Acquired at Cost | Units Sold at Retail |
|---|---|---|---|
| August 2 | Purchase | 10 units @ $15 = $150 | |
| August 18 | Purchase | 15 units @ $18 = $270 | |
| August 29 | Sales | 20 units sold | |
| August 31 | Purchase | 14 units @ $19 = $266 |
What is the per unit value of ending inventory on August 31? Answers should be rounded to the nearest cent.
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Conducting Church Audits A Guide For Internal Auditors
Authors: Jeremy W Odom
1st Edition
0997095628, 978-0997095623
