accounting: weighted average cost per unit
You have the following information for Windsor, Inc. for the month ended October 31, 2017. Windsor, Inc. uses a periodic method for inventory.
Date Description
Units
date description Unit Cost or Selling Price
Oct. 1 Beginning inventory 56 $23
Oct. 9 Purchase 122 25
Oct. 11 Sale 90 34
Oct. 17 Purchase 108 26
Oct. 22 Sale 55 39
Oct. 25 Purchase 67 28
Oct. 29 Sale 113 39
Weighted-average cost per unit __________
Price $ 2.00