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You have the following information for Blue Spruce Corp. for the month ended October 31, 2017. Blue Spruce Corp. uses a periodic method for
You have the following information for Blue Spruce Corp. for the month ended October 31, 2017. Blue Spruce Corp. uses a periodic method for inventory Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 54 $26 Oct. 9 Purchase 128 28 Oct. 11 Sale 104 33 Oct. 17 Purchase 108 29 Oct. 22 Sale 64 38 Oct. 25 Purchase 75 31 Oct. 29 Sale 103 38 Calculate the weighted-average cost. (Round answer to 3 decimal places, eg. 5.125) Weighted average cost per unit $ 28616
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
4th edition
1405888202, 978-0273711490, 273711490, 978-1405888202
