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Determine the ending inventory cost by average cost methods

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Reference no: EM132521319

Question - The units of Product YY2 available for sale during the year were as follows:

Apr. 1 Inventory 16 units at $30 each Jun. 16 Purchase 30 units at$33 each Sep. 28 Purchase 45 units at $37 each

There are 17 units of the product in the physical ending inventory at March 31. The periodic inventory system is used. If required, round your answers to two decimals.

Determine the ending inventory cost by average cost methods. Round the per unit cost to two decimal places.

Reference no: EM132521319

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