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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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