Homework Answers
Mar 7: 48,000 units $20.00 each
May 25: 50,000 units $24.00 each
Aug 1: 40,000 units $26.00 each
Nov. 10: 43,000 units $29.00 each
Total units= 181,000 units
To calculate the cost we will use the weighted average method:
Average cost= (20 + 24 +26 + 29) / 4 = $24.75
Total cost= $24.75 *181,000= $4,479,750
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