Homework Answers
Ans : Computation of Inventory on hand at June 8
| Units | Cost | |
| Opening Inventory | 10 | $180 |
| Purchases on June 8 | 30 | $570 (30 * 19) |
| Total | 40 | $750 |
Weighed Average Unit Cost = Total Cost / Total units = $750 / 40
units = $18.75 per unit
Ans : The weighted average unit cost of the company's
inventory on hand at June 8 is $18.75.
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