-The EUP is 20,500 units. Cost incurred during the period is P56,250 while the cost of the beginning inventory was P10,750. The unit cost using Weighted Average method is: а. 2.22 b. 3.268 с. 2.744 d. 0.524 Assuming the company uses FIFO method, what is the unit cost? a 2.22 b. 3.268 с. 2.744 d. 0.524
-The EUP is 20,500 units. Cost incurred during the period is P56,250 while the cost of the beginning inventory was P10,750. The unit cost using Weighted Average method is: а. 2.22 b. 3.268 с. 2.744 d. 0.524 Assuming the company uses FIFO method, what is the unit cost? a 2.22 b. 3.268 с. 2.744 d. 0.524
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter7: Inventories
Section: Chapter Questions
Problem 1PEA: The following three identical units of Item BZ1810 are purchased during November: Assume that one...
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