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Your balance sheet shows $6,400 worth of inventory in hair products. Items are recorded in inventory at cost, and the average cost per unit is $2.43. How many units of hair products do you have ?

User Tytyryty
by
8.2k points

1 Answer

8 votes

Answer:

Units of hair products = 2634 units

Explanation:

Given that:

Worth of products in the inventory = $6400

Average cost per unit = $2.43

Number of units =
(Total\ worth)/(Per\ unit\ cost)

Number of units =
(6400)/(2.43)

Number of units = 2633.73

Rounding off to nearest whole number = 2634 units

Hence,

Units of hair products = 2634 units

User Kirk Beard
by
8.2k points

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