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Pearl Inustries uses a periodic inventory system and reports the following for the month of June Date Explanation Units Unit Cost Total Cost 6/1 Inventory
Pearl Inustries uses a periodic inventory system and reports the following for the month of June
Date | Explanation | Units | Unit Cost | Total Cost |
6/1 | Inventory | 130 | $5 | $650 |
12 | Purchases | 370 | 6 | 2,220 |
23 | Purchases | 220 | 7 | 1,540 |
30 | Inventory | 240 |
Calculate the weighted average unit cost.
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