Given the Following Events, What Is the Per-Unit Value of Ending

question 53

Multiple Choice

Given the following events, what is the per-unit value of ending inventory on November 30 if this company uses a weighted average perpetual inventory system? November 1: 5 units were purchased at $6 per unit.
November 12: 10 units were purchased at $7.50 per unit.
November 14: 7 units were sold for $14 per unit.
November 24: 12 units were purchased at $10 per unit.

• A)$6.00
• B)$7.00
• C)$8.80
• D)$13.00
• E)$21.80

---

Definitions:

Irresistible Impulse Rule

A legal defense theory stating that a defendant was compelled to commit a crime due to an overwhelming impulse that they could not resist, despite understanding the nature of the act.

Diminished Capacity

A legal defense asserting that an individual's mental state, though not completely impaired, was significantly disturbed at the time of the crime, affecting their judgment or intentions.

Guilty but Mentally Ill

A legal verdict that indicates the defendant is guilty of the charges but was also suffering from mental illness at the time of the crime.

Critics

Individuals who evaluate, analyze, and sometimes offer judgments about various forms of creative work or actions.