Acme-Jones Company Uses a Weighted-Average Perpetual Inventory System

question 171

Multiple Choice

Acme-Jones Company uses a weighted-average perpetual inventory system.
August 2: 10 units were purchased at $12 per unit.
August 18: 15 units were purchased at $15 per unit.
August 29: 20 units were sold.
August 31: 14 units were purchased at $16 per unit.
What is the per-unit value of ending inventory on August 31?

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

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The accepted standards or expectations regarding performance levels within a group or organization.

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