weight-average cost per unit (a1) and 6-3a average cost per unit (b1)

You are provided with the following information for Aylesworth Inc. for the month ended October 31, 2012. Aylesworth uses a periodic method for inventory.

Date		Description		Units		Unit Cost or Selling Price
October 1		Beginning inventory		68		$21
October 9		Purchase		136		22
October 11		Sale		113		31
October 17		Purchase		79		23
October 22		Sale		68		36
October 25		Purchase		90		24
October 29		Sale		124		36

Calculate cost per unit. (Round answers to 3 decimal places, e.g. $5.250.)

Weighted-average cost per unit

$

Lu Company had a beginning inventory of 1,144 units of Product Ribo at a cost of $2 per unit. During the year, purchases were:

Feb. 20		1,716		@		$8		Aug. 12		858		@		$12
May 5		1,430		@		$9		Dec. 8		572		@		$13

Lu Company uses a periodic inventory system. Sales totaled 4,290 units.

Determine the cost of goods available for sale.

The cost of goods available for sale

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Calculate average cost per unit. (Round answer to 2 decimal places, e.g. $2.25.)

Average cost per unit

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