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At May 1, 2011, Deitrich Company Had Beginning Inventory Consisting 3.50€ 3.50

Question 94

Multiple Choice

At May 1, 2011, Deitrich Company had beginning inventory consisting of 100 units with a unit cost of 3.50€ 3.50 . During May, the company purchased inventory as follows:.

200 units at 3.50€ 3.50
300 units at 4.00€ 4.00

The company sold 500 units during the month for 6 € 6 per unit. Deitrich uses the average-cost method. The average cost per unit for May is


A) € 3.50 .
B) € 3.75 .
C) € 3.80 .
D) € 4.00 .

Correct Answer:

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