Question

PLUS Kieso, Intermediate Accounting, 16th Edition, Custom WileyPLUS BlackBoard Course Card for Bronx Comm Help I System Announcements OURCES Problem 8-5 (Part Level Submission) ments 019) Some of the information found on a detail inventory card for Stellar Inc. for the first month of operations is as follows. Received art Level Issued, No. of Units Balance, No. of Units Date No. of Units Unit Cost Part Level January 2 1,300 $4.83 1,300 7 800 500 10 1,200 700 5.15 by Study 13 600 600 5.31 18 1,100 1,300 400 20 1,100 200 5.47 23 1,400 1,600 26 900 700 28 1,700 5.64 2,400 1,400 31 1,000 (a1) X Your answer is incorrect. Try again. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit LINK TO TEXT LINK TO TEXT

Answer 1

	Units	Unit cost	Total
Jan 2	1300	4.83	6279
10	700	5.15	3605
18	1100	5.31	5841
23	1400	5.47	7658
28	1700	5.64	9588
Total	6200		32971
a(1)
Average cost per unit	5.32	=32971/6200