A company purchased inventory as follows: On March 5, it sold 400 units for $17 each.
The weighted- average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A) $9.40.
B) $9.00.
C) $9.60.
D) $10.00.

Question

A company purchased inventory as follows:  On March 5, it sold 400 units for $17 each.
The weighted- average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A) $9.40. 
B) $9.00. 
C) $9.60. 
D) $10.00.

Quizplus · Accepted Answer

The Answer of A company purchased inventory as follows:  On March 5, it sold 400 units for $17 each.
The weighted- average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A) $9.40. 
B) $9.00. 
C) $9.60. 
D) $10.00.

A Company Purchased Inventory as Follows: on March 5