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Ludroth Inc. sells sponges. On April 1st they purchased 100 sponges for $1 each, and on April 9th they purchased 500 sponges for $1.10 each
Ludroth Inc. sells sponges. On April 1st they purchased 100 sponges for $1 each, and on April 9th they purchased 500 sponges for $1.10 each and on April 27th they purchased 400 sponges for $1.20 each. What is the weighted average cost per sponge?
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