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Rubric, Inc

Question 11

Multiple Choice

Rubric, Inc. provided the following inventory transaction summary for May:
Rubric, Inc. provided the following inventory transaction summary for May:     In addition, it has been determined that Rubric's inventory at the beginning of the month was $400.00 (200 units) . What was Rubric's cost per unit at the end of May, using the moving average method? A)  $3.00 B)  $2.00 C)  $4.00 D)  $6.00
In addition, it has been determined that Rubric's inventory at the beginning of the month was $400.00 (200 units) . What was Rubric's cost per unit at the end of May, using the moving average method?


A) $3.00
B) $2.00
C) $4.00
D) $6.00

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