Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost...
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Accounting
Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Number of Units Unit Cost
Apr. 1 Beginning inventory 590 $ 2.35
Apr. 20 Purchase 450 2.61
Dunbar sold 590 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)
Multiple Choice
$1,116.
$1,108.
$1,188.
$1,076.
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