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Singleton Company's perpetual Inventory records Included the following Information: Date January 1 March 4 September 28 Beginning inventory Purchase Purchase Number of units sold during

Singleton Company's perpetual Inventory records Included the following Information: Date January 1 March 4 September 28 Beginning inventory Purchase Purchase Number of units sold during the year: 790 Number of Units and Unit Cost Total Cost 290 units @ $11.00 240 units $ 3,190 $12.00 2,880 530 units $13.00 6,890 If Singleton uses the weighted-average cost flow method, its weighted-average cost per unit would be $12.00 True or False True False

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