Question

Coachlight Inc. has a periodic inventory system. The company purchased 200 units of inventory at $9.00 per unit and 300 units at $10.00 per unit. What is the weighted average unit cost for these purchases of inventory?

Answer 1

Weighted average unit cost = 9.6 per unit

Step-by-step explanation:

Given:

Purchased = 200 units at $9.00 per unit

Purchased = 300 units at $10.00 per unit

Weighted average unit cost = ?

Computation of weighted average unit cost:

`Weighted\ average\ unit\ cost = ((unit1* price)+(unit2* price))/(Total \ unit)`

`Weighted\ average\ unit\ cost = ((200* 9)+(300* 10))/(200+300) \\\\Weighted\ average\ unit\ cost = ((1,800)+(3,000))/(500)\\\\Weighted\ average\ unit\ cost = ((4,800))/(500)\\\\Weighted\ average\ unit\ cost = 9.6\\`

Weighted average unit cost = 9.6 per unit