If Average Cost Per Unit Is $120, Then Cost of Ending

question 12

Multiple Choice

If average cost per unit is $120, then cost of ending inventory of 150 units using the weighted average cost method of inventory valuation is:

• A) $10,000.
• B) $18,000.
• C) $35,000.
• D) $40,000.

---

Definitions:

Website Polls

Website polls are tools used on websites to collect visitors' opinions or preferences on various topics.

Unrepresentative Results

Outcomes or findings of a study or experiment that do not accurately reflect the larger population or reality, often due to biased sampling or flawed research design.

Random Sampling

A method of selecting a subset of individuals from a population, where each individual has an equal chance of being chosen.

Correlation Coefficient

A statistical measure that describes the size and direction of a relationship between two or more variables, usually ranging from -1 to +1.