Solved: Bramble companys record of transactions concerning part x, Accounting Basics

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Bramble companys record of transactions concerning part x

Problem - Bramble Company's record of transactions concerning part X for the month of April was as follows.

Date Purchases Date Sales

April 1 230 @ $5.40 April 5 430

4 530 @ 5.51 12 330

11 430 @5.72 27 1060

18 330 @5.78 28 150

26 730 @ 6.05

30 330 @6.26

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.)

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Accounting Basics: Bramble companys record of transactions concerning part x

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Accounting Basics: Bramble companys record of transactions concerning part x

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