Merchandise Inventory ANSWER QUESTION $10.50 Assume Jones Manufacturing begins January with 10 units of inventory that cost $10 each. During January, the following purchases and goods sold were $11.00 Jan 5 Purchased 8 units at S11 Sold 11 units $10.44 What is the weighted average cost per unit in the perpetual system at the time the 1l units are sold on January 7? $10.00 I DON'T KNOW YET