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

Question 153

Multiple Choice

At May 1, 2011, Deitrich Company had beginning inventory consisting of 100 units with a unit cost of €3.50.During May, the company purchased inventory as follows: At May 1, 2011, Deitrich Company had beginning inventory consisting of 100 units with a unit cost of €3.50.During May, the company purchased inventory as follows: The company sold 500 units during the month for €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. The company sold 500 units during the month for €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.

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