Axme Uses a Weighted Average Perpetual Inventory System

question 20

Multiple Choice

Axme 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:

Manufacturer's Pamphlet

A document provided by a manufacturer that contains information about a product, including usage, maintenance, and safety guidelines.

Iron Deficiency Anemia

A common type of anemia resulting from a lack of iron, leading to insufficient production of healthy red blood cells.

Nutritional Requirements

The necessary vitamins, minerals, and other nutrients required by the body for healthy growth and function.

Dietary Needs

The specific nutritional requirements necessary for a person's health, often based on medical, physical, or ethical considerations.