Inventory records for Water Incorporated revealed the following: Date Transaction Number of Units Unit Cost July 1 Beginning inventory 570 $ 2.49 July 25 Purchase 420 2.69 Water Inc. sold 630 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.) Multiple Choice $1,027. $932. $895. $927.
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Home » Business » Inventory records for Water Incorporated revealed the following: Date Transaction Number of Units Unit Cost July 1 Beginning inventory 570 $ 2.49 July 25 Purchase 420 2.69 Water Inc. sold 630 units of inventory during the month.