Mandy Corp.purchased inventory as follows: On March 5, Mandy sold 600 units for $18 each.The average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A)$18.80.
B)$19.40.
C)$25.00.
D)$16.67.

Question

Mandy Corp.purchased inventory as follows:  On March 5, Mandy sold 600 units for $18 each.The average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A)$18.80. 
B)$19.40. 
C)$25.00. 
D)$16.67.

Quizplus · Accepted Answer

The Answer of Mandy Corp.purchased inventory as follows:  On March 5, Mandy sold 600 units for $18 each.The average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A)$18.80. 
B)$19.40. 
C)$25.00. 
D)$16.67.