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.)
Definitions:
Longevity
A long duration of life; lasting a long time.
Profit Sharing
A system by which employees receive a share of the profits of a business enterprise.
Pension Plan
A retirement plan that requires an employer to contribute to a pool of funds set aside for an employee's future benefit.
Bereavement Time
Time that an employee can take off when a family member or very close friend dies.
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