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Question 4 The inventory records for Radford Company reflected the following Beginning inventory on May 1 300 units @ $2.20 First purchase on May 7
Question 4 The inventory records for Radford Company reflected the following Beginning inventory on May 1 300 units @ $2.20 First purchase on May 7 400 units @ $2.40 second purchase on May 17 600 units @ $2.50 Third purchase on May 23 200 units @ $2.60 Sales on May 31 1,200 units @ $4.10 What is the weighted average cost per unit for May? O $2.39 O $2.43 O $2.48 $4.10 D Question 6 1 pts The inventory records for Radford Company reflected the following Beginning inventory on May 1 100 units @ $4.00 First purchase on May 7 300 units @ $4.40 second purchase on May 17 500 units @ $4.60 Third purchase on May 23 100 units @ $4.80 Sales on May 31 900 units @ $7.80 What is the amount of cost of goods sold assuming the LIFO cost flow method is used? $4,100 O $4,320 $2,360 $3,600
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