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Bonita Companys record of transactions concerning part X for the month of April was as...

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Question

Accounting

Bonita Companys record of transactions concerning part X for the month of April was as follows.

Purchases

Sales
April 1 (balance on hand) 220 @ $5.30 April 5 420
4 520 @ 5.41 12 320
11 420 @ 5.62 27 1,040
18 320 @ 5.67 28 150
26 720 @ 5.94
30 320 @ 6.15

Part 1

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.)

Average-cost per unit

$

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