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  3. Study Set
    Fundamentals of Financial Accounting
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    Exam 7: Reporting and Interpreting Inventories and Cost of Goods Sold
  5. Question
    Alpha Company Uses a Periodic Inventory System
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Alpha Company Uses a Periodic Inventory System

Question 197

Question 197

Multiple Choice

Alpha Company uses a periodic inventory system.The company bought 75 units of inventory for $4 each and 25 units of inventory for $5 each.Alpha's weighted average cost per unit is:


A) $4.25.
B) $4.50.
C) $4.00.
D) $5.00.

Correct Answer:

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