At May 1, 2014, Heineken Company had beginning inventory consisting of 200 units with a unit cost of $7. During May, the company purchased inventory as follows: 400 units at $7
600 units at $8
The company sold 1,000 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, 2014, Heineken Company had beginning inventory consisting of 200 units with a unit cost of $7. During May, the company purchased inventory as follows: 400 units at $7
600 units at $8
The company sold 1,000 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, 2014, Heineken Company Had Beginning Inventory Consisting