USA Weighted average cost


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Troy has 75 fuses that he purchased for $4 each and 17 air filters that he purchased for $12 each on the floor of his auto repair shop. He has 80 of the same fuses and nine of the same air filters in his storeroom.

Which of the following is the weighted average cost of the fuses and air filters being sold if Troy implements the weighted average method to inventory these supplies?


  • $5.15 Should be the answer.
 
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Werner Reisacher

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You stand a better chance to post your homework under the Student section. You are still stuck on the fundamental issue of how to calculate the value of products on a product by product basis.
 

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