A COMPANY PURCHASES 100 UNITS AT $10 EACH AND 200UNITS AT $15 EACH. WHAT IS THE WEIGHTED AVERAGE COSTPER UNIT?A) $12B) $13C) $14D) $15ANSWER: B) $13

Explanation of Weighted Average Cost:The Weighted Average Cost method is used to assign an average…

Answered: A COMPANY PURCHASES 100 UNITS AT $10…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The Weighted Mean2\ If a manufacturer buys 200 units at OMR 5 per unit from one supplier and 500 units at OMR 3 per unit from another, Find the average cost per unit accurately.
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Please help me with show all calculation thanku
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A COMPANY PURCHASES 100 UNITS AT $10 EACH AND 200 UNITS AT $15 EACH. WHAT IS THE WEIGHTED AVERAGE COST PER UNIT? A) $12 B) $13 C) $14 D) $15 ANSWER: B) $13