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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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Feb 14, 2018
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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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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
LoicM
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Feb 18, 2018
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