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Beginning inventory, purchases, and sales for WCS12 are as follows:

Oct. 1 Inventory 300 units at $12
13 Sale 190 units
22 Purchase 390 units at $15
29 Sale 300 units
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.

Respuesta :

The weighted average unit cost after the October 22 purchase is $13.70.

What is the weighted average unit cost?

The weighted average unit cost determines the weighted average cost of all the purchased inventory.

[(300 x 12) + (390 x 15) ] / (300 + 390)

(3600 + 5850) / 690 = $13.70

To learn more about the weighted average method, please check: https://brainly.com/question/28018617

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