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the had 270 units of inventory at a cost of $154 each on March 1 On March 5. the comany purchased 470 units of inventory for
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Answer #1

The correct answer is $94,791.

Supporting calculations:

Units (a) Per Unit (b) Amount (a*b)
Mar. 1 270 $154 $41,580
Mar. 5 470 $174 $81,780
Mar. 10 170 $214 $36,380
910 $159,740
Weighted average cost per unit ($159,740/910 units) $175.54
Cost of 540 units under weighted average cost (540 units * $175.54) $94,791
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