in the following sequence 1 300 units at 6 2 400 units at 7

in the following sequence: (1) 300 units at $6, (2) 400 units at $7, and (3) 200 units at s8. Attempts: 0 of 3 used SAVE FOR LATER

Solution

Calculate average unit cost :

Average unit cost = 6200/900 = $6.89

	Unit	Cost
First purchase	300	1800
Second purchase	400	2800
Third purchase	200	1600
Total	900	6200