Given the Following Information,determine the Cost of Ending Inventory at December

question 121

Multiple Choice

Given the following information,determine the cost of ending inventory at December 31 using the Weighted Average perpetual inventory method.
December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 11: 12 units were sold at $35 per unit
December 15: 20 units were purchased at $10.15 per unit
December 22: 18 units were sold at $35 per unit

• A)$51.75
• B)$83.22
• C)$41.30
• D)$49.75
• E)$50.75

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Definitions:

Environmental Considerations

The factors related to the natural and built environment that impact health and wellbeing.

Consultation

The process of seeking guidance or advice from an expert or professional in a specific field.

Communication

The act of conveying meanings from one entity or group to another through the use of mutually understood signs, symbols, and semiotic rules.

Havelock and Havelock

Refers to Eric A. Havelock and his significant contributions to the study of classical Greece, literacy, and the oral tradition; or alternatively, this could be interpreted as NO if no specific theory or concept by both individuals named Havelock is recognized.