US x G how to calculate cost of ? Secure l https// Kimmel, Financial Accounting,

Question

US x G how to calculate cost of ? Secure l https// Kimmel, Financial Accounting, Be Read, Study &Practice; Gradebook ORION Downleadable elextbook ent> Open Assignment Exercise 6-5 (Part Level Submission) uses a perlodic inventory system. Its records show the ftollowing for the month of May, in which 79 units were sold. Date ExplanationUnits Unit Cost Total Cost May 1 Inventory 15 Purchase 24 Puchase w Scots ew Results bv Study $9 10 $252 230 23 41 Total $933 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, eg. S.125.) weighted-average unit cost The parts of this quescion mst be completed in der The t e vailable when yeu compiete the part asov

Explanation / Answer

Weighted average cost= Tota purchase cost/ total units purchased

=933/92

=$10.141

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