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Whispering Company uses a periodic inventory system. For April, when the company sold 500 units, the following information is available. Units Unit Cost Total Cost
Whispering Company uses a periodic inventory system. For April, when the company sold 500 units, the following information is available.
Units |
| Total Cost | |||||
April 1 inventory |
| $21 | $ 6,720 | ||||
April 15 purchase |
|
| 10,000 | ||||
|
|
|
| ||||
1000 | $24,280 |
Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit = ????
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