At May 1, 2017, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows:
600 units at $7
900 units at $8
The company sold 1,500 units during the month for $12 per unit. Heineken uses the average cost method. The average cost per unit for May is
A)$7.00.
B)$7.50.
C)$7.60.
D)$8.00.

Question

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The Answer of At May 1, 2017, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows:
600 units at $7
900 units at $8
The company sold 1,500 units during the month for $12 per unit. Heineken uses the average cost method. The average cost per unit for May is
A)$7.00.
B)$7.50.
C)$7.60.
D)$8.00.

At May 1, 2017, Heineken Company Had Beginning Inventory Consisting