A Company Uses a Weighted-Average Perpetual Inventory System What Is the Per-Unit Value of Ending Inventory on August

question 148

Multiple Choice

A company uses a weighted-average perpetual inventory system.The following transactions took place during the month of August: $\begin{array}{|l|l|}\hline \text { August } 2 & 10 \text { units were purchased at } \$ 12 \text { per unit } \\\hline \text { August } 18 & 15 \text { units were purchased at } \$ 15 \text { per unit } \\\hline \text { August } 29 & 20 \text { units were sold } \\\hline \text { August } 31 & 14 \text { units were purchased at } \$ 16 \text { per unit } \\\hline\end{array}$ What is the per-unit value of ending inventory on August 31? (Round each per unit cost to 2 decimal places. )

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

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