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Kuchin Company reports the following for the month of June. Date Explanation Uni

ID: 2828818 • Letter: K

Question

Kuchin Company reports the following for the month of June.

Date Explanation Units Unit Cost Total Cost June 1 Inventory 163 $7 $ 1,141 12 Purchases 504 8 4,032 23 Purchases 681 10 6,810 30 Inventory 327 (a1) Calculate weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost $ Click if you would like to Show Work for this question: Open Show Work
Kuchin Company reports the following for the month of June.

Date Explanation Units Unit Cost Total Cost June 1 Inventory 163 $7 $ 1,141 12 Purchases 504 8 4,032 23 Purchases 681 10 6,810 30 Inventory 327 Kuchin Company reports the following for the month of June.

Date Explanation Units Unit Cost Total Cost June 1 Inventory 163 $7 $ 1,141 12 Purchases 504 8 4,032 23 Purchases 681 10 6,810 30 Inventory 327 Date Explanation Units Unit Cost Total Cost Calculate weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost $ Click if you would like to Show Work for this question: Open Show Work
Calculate weighted-average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost $ Open Show Work Kuchin Company reports the following for the month of June.

Date Explanation Units Unit Cost Total Cost June 1 Inventory 163 $7 $ 1,141 12 Purchases 504 8 4,032 23 Purchases 681 10 6,810 30 Inventory 327

Explanation / Answer

Total Cost = $11,983
Total Units Purchased and in Beginning Inventory = 1,348

11,983 / 1,348 = $8.8894 avg. unit cost