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Appliances & Wares is valuing its inventory of toasters. On May 31st, Appliances & Wares had 23 toasters on hand. What is the average cost per toaster? Round to the nearest cent.
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Appliances & Wares is valuing its inventory of toasters. On May 31st, Appliances & Wares had 23 toasters on hand. What is the average cost per toaster? Round to the nearest cent.

Appliances & Wares is valuing its inventory of toasters. On May 31st, Appliances-example-1
User Cutterpillow
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1 Answer

5 votes
Hi there
Average cost per toaster
3,278.6÷148=22.15. ..answer
ending inventory value for May
22.15×23=509.45

Hope it helps
User LoicM
by
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