Question
Question 4 Company ABC divides its inventory into three different groups. Group 1 has 350 units and the price per unit is $12. Group 2
Question 4
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the
price per unit is $12. Group 2 has 200 units and the price per unit is $20. Group 3 has 900 units
and the price per unit is $2.5. The purchase price for all units was $9,000. Determine the cost per
unit for each group. Use the relative sales value method.
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Advanced Financial Accounting
Authors: Richard Baker, Theodore Christensen, David Cottrell
9th edition
78110920, 978-0077899165, 77899164, 978-0077484255, 77484258, 978-0078110924
