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The Kennedy Company Uses Throttles in Its Assembly of Lawn

question 47

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The Kennedy Company uses throttles in its assembly of lawn mowers.Information as to balances on hand,purchases,and requisitions of throttles is given in the following table. The Kennedy Company uses throttles in its assembly of lawn mowers.Information as to balances on hand,purchases,and requisitions of throttles is given in the following table.   If a perpetual inventory record of throttles is maintained on a moving average basis,the 165 items in inventory on June 14 will have a unit cost of (rounded to three decimal places) : A) $3.438. B) $3.167. C) $3.386. D) $2.875. If a perpetual inventory record of throttles is maintained on a moving average basis,the 165 items in inventory on June 14 will have a unit cost of (rounded to three decimal places) :

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