Business, 02.06.2020 18:59, agray339

Bonita Company's inventory records show the following data:
Units Unit Cost
Inventory, January 1 10000 $9.00
Purchases: June 18 9000 9.00
November 8 6000 8.00
A physical inventory on December 31 shows 3500 units on hand. Bonita sells the units for $15 each. The company has an effective tax rate of 20%. Bonita uses the periodic inventory method.
Required:
1. The weighted-average cost per unit is .
O $8.52
O $8.53
O $9.10
O $8.76

Answers: 2

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Bonita Company's inventory records show the following data:
Units Unit Cost
Inventory,...