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Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date May
Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date May 1 15 24 (a1) Explanation Units Inventory Purchase Purchase Total 30 25 38 93 Unit Cost Weighted-average unit cost $ $9 10 11 Total Cost $270 250 418 $938 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
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