Kizspy | Question: 43
(Choose 1 answer)
(1959)
Acme-Jones Company uses a weighted-average perpetual inventory system.
August 2, 8 units were purchased at $12 per unit.
August 18, 15 units were purchased at $14 per unit.
August 29, 20 units were sold.
August 31, 10 units were purchased at $16 per unit.
What is the per-unit value of ending inventory on August 31?
A. $12.00.
B. $13.30.
C. $15.38.
D. $16.00.
E. $17.74.
