- define purchase cost
- mold remediation cost
- purchase price of stock
You have the following information for Vincent Inc. for the month ended October 31, 2014. Vincent uses a periodic method for inventory.
Date Description Units Unit Cost or Selling Price
Oct. 1 Beginning inventory 60 $24
Oct. 9 Purchase 120 $26
Oct. 11 Sale 100 $35
Oct. 17 Purchase 27 $100
Oct. 22 Sale 60 $40
Oct. 25 Purchase 70 $29
Oct. 29 Sale 110 $40
Weighted-average cost per unit $...... ???????????
Date Description Units Unit Cost or Selling Price
Oct. 1 Beginning inventory 60 $24
Oct. 9 Purchase 120 $26
Oct. 11 Sale 100 $35
Oct. 17 Purchase 27 $100
Oct. 22 Sale 60 $40
Oct. 25 Purchase 70 $29
Oct. 29 Sale 110 $40
Weighted-average cost per unit $...... ???????????
Calculate the weighted-average cost.?
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