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Purchases Sales April 1 (balance on hand) 720 $6.00 April 3 600 @$10.00 4 1.800 6.08 9 1,680 @ 10.00 8 960 @ 6.40
Purchases Sales April 1 (balance on hand) 720 $6.00 April 3 600 @$10.00 4 1.800 6.08 9 1,680 @ 10.00 8 960 @ 6.40 11 720 @ 11.00 13 1,440 @ 6.50 23 1,440 @ 11.00 21 840 @ 6.60 27 1,080 12.00 29 600 @ 6.79 5,520 6,360 (a1) Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit $ eTextbook and Media per unit
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Principles Of Accounting
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
978-0077300456, 0077300459
