98.9k views
6 votes
A company uses a periodic inventory system. On April 1, the company had 9 items of beginning inventory with a cost of $13 per unit. On April 18, the company purchased 15 units at $14 per unit. Then, on April 29, the company sold 14 units, using weighted average, the cost of the 14 units sold is closest to ____?

A company uses a periodic inventory system. On April 1, the company had 9 items of-example-1
User Vidang
by
4.8k points

1 Answer

12 votes

Answer:

$190.75 - cost of the units sold

Explanation:

see picture

A company uses a periodic inventory system. On April 1, the company had 9 items of-example-1
User Jcamacho
by
4.4k points