What is the weighted average unit cost using the following information? Beginning Inventory 11/1: 1,000 units at $25 per unit Purchase 11/10: 2,500 units at $30 per unit Purchase 11/15: 1,500 units at $20 per unit Sold 11/25: 2,500 units for $50 each $25.00 $26.00 $30.00 $36.00

What is the weighted average unit cost using the following information? Beginning Inventory 11/1: 1,000 units at $25 per unit Purchase 11/10: 2,500 units at $30 per unit Purchase 11/15: 1,500 units at $20 per unit Sold 11/25: 2,500 units for $50 each $25.00 $26.00 $30.00 $36.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 7EA: How many units must be in ending inventory if beginning inventory was 15,000 units, 55,000 Units...

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Question

What is the weighted average unit cost using the following
information?
Beginning Inventory 11/1: 1,000 units at $25 per unit
Purchase 11/10: 2,500 units at $30 per unit
Purchase 11/15: 1,500 units at $20 per unit
Sold 11/25: 2,500 units for $50 each
$25.00
$26.00
$30.00
$36.00

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