A company purchased inventory as follows: 200 units at $6.00
300 units at $6.60
The average unit cost for inventory is
A)$6.00.
B)$6.30.
C)$6.36.
D)$6.60.

Name: A company purchased inventory as follows: 200 units at $6.00 300 units at $6.60 The average unit cost for inventory is A)$6.00. B)$6.30. C)$6.36. D)$6.60.
Brand: Quizplus
Rating: 4.8 (27 reviews)

Question

Quizplus · Accepted Answer

The average unit cost is calculated by dividing the total cost of inventory by the total number of units: [(200 units * $6.00) + (300 units * $6.60)] / (200 units + 300 units) = $6.36.

A Company Purchased Inventory as Follows: 200 Units at $6