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Jammer Company uses a weighted average perpetual inventory system and reports the following: Date August 2 August 18 August 29 Activities Purchase Purchase Sales Purchase
Jammer Company uses a weighted average perpetual inventory system and reports the following: Date August 2 August 18 August 29 Activities Purchase Purchase Sales Purchase Units Acquired at Cost 10 units @ $23 = $230 15 units @ $26 = $390 Units Sold at Retail 20 units sold August 31 What is the per unit value of ending inventory on August 31? Answers should be rounded to the nearest cent. 14 units @ $27 = $378 Multiple Choice $28.38 $23.00 $24.80
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