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The inventory records for Radford Company reflected the following Beginning inventory on May 1 2,000 units @ $5.60 First purchase on May 7 2,100 units
The inventory records for Radford Company reflected the following
Beginning inventory on May 1 2,000 units @ $5.60
First purchase on May 7 2,100 units @ $5.80
Second purchase on May 17 2,300 units @ $5.90
Third purchase on May 23 1,900 units @ $6.00
Sales on May 31 6,300 units @ $7.50
What is the weighted average cost per unit for May?
A. $5.77
B. $5.83
C. $5.90
D. $7.50
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