Assume that J-Mart uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the average cost per unit on hand as of June 8 when it made its first sale.  DateItemUnits/CostJun 1Beginning Inventory10 @ $12Jun 5Purchase10 @ $15Jun 8Sale6 unitsJun 28Purchase10 @ $18Jun 30Sale8 unitsMultiple choice question.$15/unit$33/unit$13.50/unit$10/unit

Assume that Wally World uses a periodic weighted average inventory system. During the year, it had two sales. Calculate the weighted average cost per unit on hand as of June 30 when it figured its cost of goods sold for the month.  Date Activity Jan. 1Beginning Inventory8 @ $12Jun. 5Purchase12 @ $15Jun. 28Purchase10 @ $18Jun. 8Sale6 unitsJun. 30Sale8 unitsMultiple choice question.$18/unit$15/unit$15.20/unit$10/unit

Dumb Waiters, Inc. has 2 units in beginning inventory with a cost of $10. It purchased 3 more at $12. It sold 4 units during the period. What is the Cost of Goods Sold using the weighted average cost method?Multiple choice question.$36.00$44.00$46.00$44.80

Jammer Company uses a weighted average perpetual inventory system and reports the following: Date Activities Units Acquired at Cost Units Sold at RetailAugust 2 Purchase 10 units @ $27 = $270  August 18 Purchase 15 units @ $30 = $450  August 29 Sales   20 units soldAugust 31 Purchase 14 units @ $31 = $434   What is the per unit value of ending inventory on August 31? Answers should be rounded to the nearest cent.Multiple Choice$27.00$32.32$28.80$30.42$31.00

Assume that Q-Mart uses a periodic FIFO inventory system. During the year, it sold 14 units. Calculate the dollar value of its cost of goods sold for the period.   Date Activity Jan. 1Beginning Inventory10 @ $12Jan. 5Purchase10 @ $15Jan. 30Purchase10 @ $18Feb. 8Sale14 unitsMultiple choice question.$210$150$240$180

Rifle Co. had the following inventory information available: Date Transactions Purchases Sales Units Unit Cost Units 1 Sep Beginning inventory 300 $100 3 Sep Purchases 100 $84 5 Sep Sales 250 10 Sep Purchases 250 $80 15 Sep Sales 200 20 Sep Purchases 250 $76 28 Sep Sales 150 Assume that the company uses Average Cost method under the perpetual inventory system to estimate cost of goods sold, please calculate the cost of sale for the month of September