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Colletti Company Recorded the Following Data The Weighted Average Unit Cost of the Inventory at January

Question 36

Multiple Choice

Colletti Company recorded the following data:  Units  Unit  Date  Received Sold On Hand  Cost  1/1 Inventory 600$2.001/8 Purchased 9001.5002.201/12 Sold 1,200300\begin{array}{lrrr} &\text { Units }&&&\text { Unit }\\\text { Date }& \text { Received}& \text { Sold }& \text {On Hand }&\text { Cost }\\\text { 1/1 Inventory }&&& 600 & \$ 2.00 \\1 / 8 \text { Purchased }&900&& 1.500 & 2.20 \\1 / 12 \text { Sold }&&1,200 & 300 &\end{array}

The weighted average unit cost of the inventory at January 31 is:


A) $2.00.
B) $2.10.
C) $2.12.
D) $2.20.

Correct Answer:

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