Question

Taylor owns a boutique and needed to compute her inventory of all the scarves and jackets. She had 35 scarves on the floor and five in the storeroom. She had 15 jackets on the floor and eight more in the storeroom. Sally purchased each scarf for $28 and each jacket for $95. The weighted average unit cost of scarves and jackets being sold is:________

a. $54.63
b. $61.50
c. $48.70
d. $52.46

Answer 1

d. $52.46

Step-by-step explanation:

The computation of the weighted average unit cost of scarves and jackets being sold is shown below:

Taylor Scarves Jacket Total Note

Floor 35.00 15.00

Storeroom 5.00 8.00

Total 40.00 23.00 63.00 A

Purchase price $28.00 $95.00 B

Purchase cost $1,120.00 $2,185.00 $3,305.00 C = (A × B)

Weighted average unit cost $52.46 (C ÷ A)

hence, the option d is correct