Question
Presented below is information related to Blowfish radios for the Hootie Company for the month of July. Date Transaction Units In Unit Cost Total Units
Presented below is information related to Blowfish radios for the Hootie Company for the month of July.
| Date | Transaction | Units In | Unit Cost | Total | Units Sold | Selling Price | Total | |||||||
| July 1 | Balance | 170 | $3.77 | $ 641 | ||||||||||
| 6 | Purchase | 1,360 | 3.31 | 4,502 | ||||||||||
| 7 | Sale | 510 | $6.91 | $ 3,524 | ||||||||||
| 10 | Sale | 510 | 7.15 | 3,647 | ||||||||||
| 12 | Purchase | 680 | 4.80 | 3,264 | ||||||||||
| 15 | Sale | 340 | 7.50 | 2,550 | ||||||||||
| 18 | Purchase | 510 | 5.74 | 2,927 | ||||||||||
| 22 | Sale | 680 | 7.75 | 5,270 | ||||||||||
| 25 | Purchase | 850 | 5.08 | 4,318 | ||||||||||
| 30 | Sale | 340 | 7.95 | 2,703 | ||||||||||
| Totals | 3,570 | $15,652 | 2,380 | $17,694 |
Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)
Weighted-average cost=________________
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Interne Revision In Verbundgruppen Und Franchise Systemen Verbreitung Und Qualit T Der Internen Revision In Unternehmensnetzwerken
Authors: Hans Ulrich Westhausen
1st. Aufl. 2016 Edition
3658121963, 978-3658121969
