Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 Purchase 18 units at $15.50 per unit. August 18 Purchase 20 units at $14.00 per unit. August 29 Sale 36 units. August 31 Purchase 23 units at $18.50 per unit. What is the per-unit value of ending inventory on August 31

the per unit value is $18.20

Explanation:

The computation of the per unit value of ending inventory is shown below:

On Aug 2   18 units at $15.50        $279

On Aug 18  20 units at $14             $280

Total            38 units     $14.71        $559

On Aug 29

Sales units    -36 units     $14.71        -$529.58

Balance          2 units       $14.71        $29.42

On Aug 23     23 units     $18.50       $425.50

Oustanding    25 units     $18.20       $454.92

hence, the per unit value is $18.20

answer; blank (1) hrm specialists,blank(2); line managers;

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o