-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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The BUP 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:
a. 2.22
b. 3.268
С. 2.744
d. 0.524
Assuming the company uses FIFO method, what is the unit cost?
а, 2.22
b. 3.268
с. 2.744
d. 0.524
Transcribed Image Text:The BUP 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: a. 2.22 b. 3.268 С. 2.744 d. 0.524 Assuming the company uses FIFO method, what is the unit cost? а, 2.22 b. 3.268 с. 2.744 d. 0.524
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