A Company Uses a Weighted Average Perpetual Inventory System

question 29

Multiple Choice

A 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

---

Definitions:

City Hall

A municipal building that houses the offices and chambers of a city government.

Fight

A confrontational or competitive action or behavior intended to defeat or subdue an opponent or obstacle.

Sensation Seeking

A trait characterized by the seeking of varied, novel, complex, and intense sensations and experiences, even if this involves physical, social, legal, or financial risks.

Police Officer

A law enforcement member tasked with maintaining public order, safety, and enforcing laws.