USA Weighted average cost

Joined
Feb 29, 2020
Messages
6
Reaction score
0
Country
United States
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.
 

Werner Reisacher

VIP Member
Joined
Jun 30, 2017
Messages
236
Reaction score
27
Country
Netherlands
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.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

Forum statistics

Threads
11,783
Messages
27,852
Members
21,797
Latest member
4GTFull1

Latest Threads

Top