FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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
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Transcribed Image Text: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
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