Multiple Choice
On May 1, 2022, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7.During May, the company purchased inventory as follows: 600 units at $7
900 units at $8
The company sold 1,500 units during the month for $12 per unit.Heineken uses the average-cost method.The average cost per unit for May is
A) $7.00.
B) $7.50.
C) $7.60.
D) $8.00.
Correct Answer:
Verified
Correct Answer:
Verified
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