If a company purchased 200 units of inventory at $9 per unit and 300 units at $10 per unit,its weighted average unit cost for this inventory would be:
A)$9.00.
B)$9.50.
C)$9.60.
D)$10.00.

Question

Quizplus · Accepted Answer

To calculate the weighted average unit cost, we need to find the (total cost of inventory) / (total number of units). 
Total cost of inventory = (200 units x $9 per unit) + (300 units x $10 per unit) = $1800 + $3000 = $4800 
Total number of units = 200 + 300 = 500 
Weighted average unit cost = $4800 / 500 units = $9.60 per unit.

If a Company Purchased 200 Units of Inventory at $9