Purchases of an inventory item during the last accounting period were as follows:
Number of items Unit price
5 $4.00
3 $6.00
7 $9.00
11 $7.00
What was the weighted average price per item?

Question

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The Answer of Purchases of an inventory item during the last accounting period were as follows:
Number of items Unit price
5 $4.00
3 $6.00
7 $9.00
11 $7.00
What was the weighted average price per item?

Purchases of an Inventory Item During the Last Accounting Period