Weighted-average

Calculate the weighted-average cost of the following inventory purchases:

Date Quantity Purchased Cost per Unit
May 4 33 $12.25
May 11 41 $13.87
May 29 37 $11.99


Correct answer:

a =  12.7617 USD

Step-by-step explanation:

a=33+41+3733 12.25+41 13.87+37 11.99=12.7617 USD



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