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Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 Purchase 5 units at $9.00 per unit. August 18 Purchase

Jammer Company uses a weighted average perpetual inventory system and reports the following:

August 2 Purchase 5 units at $9.00 per unit.

August 18 Purchase 7 units at $11.00 per unit.

August 29 Sale 10 units.

August 31 Purchase 10 units at $12.00 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

  • $10.17
  • $13.14
  • $11.70
  • $9.00
  • $12.00

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