Davilo Co. had the following inventory activity during April: Units...

80.2K

Verified Solution

Question

Accounting

Davilo Co. had the following inventory activity during April:

Units Unit Cost
Beginning inventory 100 8
Purchase (April 3) 60 12
Sale (April 10) 80
Purchase (April 18) 50 15
Purchase (April 23 80 18
Sale (April 28) 100

Assuming Davilo uses a periodic weighted average cost flow assumption, the weighted average cost per unit in April would be:

a. $12.00

b. $12.79

c. $13.25

d. $15.32

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students