If a Company Purchased 200 Units of Inventory at $9

question 57

Multiple Choice

If a company purchased 200 units of inventory at $9 per unit and 300 units at $10 per unit,its weighted average unit cost for this inventory would be:

• A)$9.00.
• B)$9.50.
• C)$9.60.
• D)$10.00.

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Definitions:

Agricultural Societies

Societies primarily engaged in farming and the cultivation of land as their main source of livelihood.

Plow Technology

Agricultural tools and techniques related to the plow, a farming implement used for tilling soil, making it ready for sowing seeds.

First Past

A term often used in the context of elections, typically referring to a "first-past-the-post" system where the candidate with the most votes wins, irrespective of whether a majority is achieved.

Proportional Representation

An electoral system in which parties gain seats in proportion to the number of votes cast for them, aiming for a more representative alignment of legislative seats to popular support.