A Company Purchased Inventory as Follows: on March 5,it Sold

question 90

Multiple Choice

A company purchased inventory as follows: On March 5,it sold 400 units for $17 each.
The weighted- average unit cost to be used for the cost of goods sold on March 5,in a perpetual inventory system,is

• A)$9.00.
• B)$9.40.
• C)$9.60.
• D)$10.00.