question archive The inventory records for Radford Co

The inventory records for Radford Co

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The inventory records for Radford Co. reflected the following

-Beginning inventory @ May 1

100

units @

$ 4.00

First purchase @ May 7

300

units @

$ 4.40

second purchase @ May 17

500

units @

$ 4.60

Third purchase @ May 23

100

units @

$ 4.80

Sales @ May 31

900

units @

$ 7.80

Determine the weighted average cost per unit for May. A) $4.45

B) $4.50

C) $5.12

D) $6.34

 

 

 

 

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