Homework Answers
Answer : C) $230
Weighted Average Method :
cost per selling unit is measured on the bases of the weighted average
Cost per Unit = Total inventory value / Total Units Held
inventory up to 04/15 :
total inventory = (50*10)+(30*14) = 920
Total Units = 50+30 = 80
cost per Unit = 920/80 =$11.50
cost of goods sold on 04/15slaes = 20*11.50 = $230 Answer
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