Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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