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Problem 6-5A You have the following information for Sheridan Company for the month ended October 31, 2017. Sheridan Company uses a periodic method for inventory
Problem 6-5A You have the following information for Sheridan Company for the month ended October 31, 2017. Sheridan Company uses a periodic method for inventory Date Units Unit Cost or Selling Price Description $26 Oct. 1 Beginning inventory Oct. 9 Purchase 28 113 Oct. 1 Sale 103 35 Oct. 17 Purchase 103 29 56 Oct. 22 Sale Oct. 25 Purchase 31 75 Oct. 29 sale 102 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average cost per unit
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