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Presented below is information related to Blowfish radios for the Novak Company for the month of July. Date Transaction Units In Unit Cost Total Units
Presented below is information related to Blowfish radios for the Novak Company for the month of July. Date Transaction Units In Unit Cost Total Units Sold Selling Price Total July 1 Balance 150 $ 3.70 $ 555 6 Purchase 1.200 3.80 4,560 7 Sale 450 $ 6.80 $ 3,060 10 Sale 450 7.10 3,195 12 Purchase 600 4.10 2,460 15 Sale 300 7.20 2,160 18 Purchase 450 4.20 1.890 22 Sale 600 7.20 4,320 25 Purchase 750 4.18 3,135 30 Sale 300 7.30 2,190 Totals 3,150 $ 12,600 2,100 $ 14,925 (a 1) Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost $
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