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Boeing Canada began its fiscal year with an inventory of 14 units valued at $10,900 per unit. During ...

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Boeing Canada began its fiscal year with an inventory of 14 units valued at $10,900 per unit. During ...

Boeing Canada began its fiscal year with an inventory of 14 units valued at $10,900 per unit. During the year it made the purchases listed in the following table.

Date	Units purchased	Unit cost ($)
January	4	10,700
June	6	9,800
October	5	10,970

At the end of the year, seven units remained in inventory. Determine:

The weighted average cost of the ending inventory. Round to the nearest whole dollar.

Textbook

Business Mathematics in Canada

Edition: 11^th

Authors: Jerome, Worswick

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