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    smigit's Avatar
    smigit Posts: 1, Reputation: 1
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    #1

    Jan 3, 2009, 02:37 PM
    Inventory Costing & getting the Weighted Average
    ABC Company has beginning inventory of $1,000, representing 210 units. On April 15, ABC purchases 10 units at $6.50 and on September 10, it purchases 30 units at $7.00. What is the unit cost of ABC's inventory after these purchases?
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    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 5, 2009, 07:35 AM

    Take your total costs of your inventory, then divide that amount with the number of units. This is your average unit cost.
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