A Company Uses a Weighted-Average Perpetual Inventory System

question 196

Multiple Choice

A company uses a weighted-average perpetual inventory system.The following transactions took place during the month of August:

What is the per-unit value of ending inventory on August 31? (Round each per unit cost to two decimal points.)

• A) $12.00
• B) $13.80
• C) $15.42
• D) $16.00
• E) $17.74

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Definitions:

Strategic Resource

A valuable asset or capability that gives an organization a competitive advantage in its market or industry.

Racially Diverse

Describes a group or setting that includes individuals of multiple races and ethnic backgrounds.

Non-Hispanic

Describes a person or group not of Hispanic or Latino origin or descent.

Computer-Chip Maker

A company or entity involved in the design and manufacturing of integrated circuits or semiconductor chips, essential for electronic devices.