92.8k views
0 votes
A physical inventory on December 31 shows 3500 units on hand. Bonita sells the units for $15 each. The company has an effective tax rate of 20%. Bonita uses the periodic inventory method. The weighted-average cost per unit is

1 Answer

4 votes
The answer would be 10,500 be cause you multiply 3500 times 15 and you get 52500 the you multiply that by .20 and you get 10,500.
User Orane
by
6.9k points