Tuesday 12 November 2019

Jammer Company uses a weighted average perpetual inventory system and reports the following:

Jammer Company uses a weighted average perpetual inventory system and reports the following:



August 2 Purchase 23 units at $18.00 per unit.
August 18 Purchase 25 units at $19.00 per unit.
August 29 Sale 46 units.
August 31 Purchase 28 units at $21.00 per unit.


What is the per-unit value of ending inventory on August 31? (Round your per unit answers to 2 decimal places.)

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