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Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 Purchase 13 units at $13.00 per unit. August 18 Purchase
Jammer Company uses a weighted average perpetual inventory system and reports the following:
August 2 | Purchase | 13 units at $13.00 per unit. |
August 18 | Purchase | 15 units at $19.00 per unit. |
August 29 | Sale | 26 units. |
August 31 | Purchase | 18 units at $16.00 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
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$13.00
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$17.14
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$16.00
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$16.02
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$16.21
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