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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

  • $13.00

  • $17.14

  • $16.00

  • $16.02

  • $16.21

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