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You have the following information for Pharoah Company for the month ended October 31, 2022. Pharoah Company uses a periodic method for inventory. Date Units
You have the following information for Pharoah Company for the month ended October 31, 2022. Pharoah Company uses a periodic method for inventory. Date Units Description Beginning inventory Purchase Unit Cost or Selling Price $22 Oct. 1 59 Oct. 9 132 24 Sale 98 37 Oct. 11 Oct. 17 Purchase 103 25 42 Oct. 22 Sale 56 Oct. 25 Purchase 74 27 Oct. 29 Sale 102 42 (a1) Your Answer Correct Answer x Your answer is incorrect. Calculate the weighted average cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted average cost per unit $ 2.456
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