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:

Number

A mathematical object used to count, measure, and label; fundamental in mathematics and applicable in various sciences.

Great Railroad Strike

A significant labor action in 1877 in the United States, where railroad workers launched a strike due to wage cuts, leading to widespread unrest.

Baltimore & Ohio

The Baltimore and Ohio Railroad, established in 1827, notable for being one of the oldest railroads in the United States and a key development in American transportation history.

Depression

A severe and prolonged downturn in economic activity characterized by significant fall in spending and employment, often exemplified by the Great Depression of the 1930s.