QUESTION $1$

$10$ points

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Question $(10$ points$)$:

Determine the weighted average cost per unit for a hardware supplier using a perpetual inventory system with the following details:

February $1$ st: Beginning Inventory of $80$ units at $$15$ each.

February $5$th: Purchase of $100$ units at $$17$ each.

February $28$th: Sale of $250$ units.

Required: Calculate the weighted average cost per unit before the February $28$ th sale.

Note: Provide the steps and calculations needed to determine these values to get the grade.