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Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2Purchase24 units at $18.50 per unit.August 18Purchase26 units at $20.00 per

Jammer Company uses a weighted averageperpetualinventory system and reports the following:

August 2Purchase24 units at $18.50 per unit.August 18Purchase26 units at $20.00 per unit.August 29Sale48 units.August 31Purchase29 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.)

Multiple Choice

$22.64

$21.50

$18.50

$19.28

$21.36

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