Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: January 1, 20 units were purchased at $10 per unit. January 12, 12 units were sold. January 20, 18 units were purchased at $11 per unit. What is the value of ending inventory?
A. 272.
B. 126.
C. 398.
D. 120.

The answer to this question is A. 272

Explanation:

The total goods available for sale    = 38 units (20 units + 18 units)

Cost of Goods Available for Sale = $398 (i.e ($10 x 20 units) + ($11 x 18 units) = $200 + $198 )

weighted-average cost per unit is therefore  = $398/ 38 units = $10.47 per unit

Value of ending inventory  = (20 -12 +18) x $10.47 = $272

answer; i believe the correct answer is (4.0);

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi