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:

Home Country

Refers to the country where a corporation's headquarters are located and operates from.

Wage Rate

The amount of compensation paid to an employee by an employer for a specific period of work, often expressed hourly, daily, or yearly.

Workers Demanded

Refers to the number of workers that employers are seeking to hire at a given wage and time.