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Please answer both questions, thank you! In its first month of operations, Windsor, Inc. made three purchases of merchandise in the following sequence: (1) 145
Please answer both questions, thank you!
In its first month of operations, Windsor, Inc. made three purchases of merchandise in the following sequence: (1) 145 units at $9,(2)560 units at $10, and (3) 135 units at $11. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $ eTextbook and Media Your answer is incorrect. Compute the cost of the ending inventory under the average-cost method, assuming there are 200 units on hand. (Round answer to 0 decimal places, e.g. 1,250.) The cost of the ending inventoryStep by Step Solution
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