What is the weighted average unit cost of the inventory


Colletti Company recorded the following data:
Units Unit
Date Received Sold On Hand Cost
1/1 Inventory 600 $2.00
1/8 Purchased 900 1,500 2.20
1/12 Sold 1,200 300

what is the weighted average unit cost of the inventory at January 31 ?

 

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Accounting Basics: What is the weighted average unit cost of the inventory
Reference No:- TGS071088

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