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Given the Following Information, What Would the Ending Inventory Value

question 33

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Given the following information, what would the ending inventory value per unit be on April 30 under the weighted-average method in a perpetual inventory system?  Dates  Units of Inventory  Opening Inventory 200 units at $5.00 Purchases:  April 12300 units at $5.10 July 7 400 units at $5.25 Sales:  August 12100 units at $8.00 December 15500 units at $8.20\begin{array} { | l | l | } \hline \text { Dates } & \text { Units of Inventory } \\\hline \text { Opening Inventory } & 200 \text { units at } \$ 5.00 \\\hline \text { Purchases: } & \\\hline \text { April } 12 & 300 \text { units at } \$ 5.10 \\\hline \text { July 7 } & 400 \text { units at } \$ 5.25 \\\hline \text { Sales: }& \\\hline \text { August } 12 & 100 \text { units at } \$ 8.00 \\\hline \text { December } 15 & 500 \text { units at } \$ 8.20 \\\hline\end{array}


Definitions:

Inflation Adjusted Dollars

A monetary measurement adjusted for changes in the price level over time, reflecting the real value of currency.

Learning Curve

A learning curve illustrates the rate of improvement in performing a task or the increase in efficiency achieved by repetition of a process or activity.

Cumulative Number

A total that increases over time by adding successive amounts or quantities, often used in data collection and analysis.

Labor Per Unit

Refers to the amount of labor required to produce a single unit of a product, indicating efficiency and productivity levels.

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