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Raptor Drinks has the following inventory schedule for its kombucha canned drinks, which it sells at its store. Date Quantity Unit Cost Sales Price Beginning
Raptor Drinks has the following inventory schedule for its kombucha canned drinks, which it sells at its store. Date Quantity Unit Cost Sales Price Beginning Inventory 10/1/2021 30 $15 Purchase 10/4/2021 25 $17 Sale 10/7/2021 42 $35 Purchase 10/10/2021 15 $18 Purchase 10/15/2021 18 $19 Purchase 10/20/2021 23 $20 Sale 10/27/2021 37 $35 Assuming the company uses Weighted Average Cost method, what is the weighted average cost for the inventory at the end of the month? Round to the nearest cent. Weighted Average Cost at the end of the month: $[WAC]
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