Tamarisk Company's record of transactions for the month of April was as follows.
Purchases
Sales
April 1 (balance on hand)
1,200 @ $5.60
April 3
1,000 @ $10.00
4
3,000 @ 5.70
9
2,800 @ 10.00
8
1,600 @ 6.00
11
1,200 @ 11.00
13
2,400 @ 6.10
23
2,400 @ 11.00
21
1,400 @ 6.20
27
1,800 @ 12.00
29
1,000 @ 6.40
9,200
10,600
(a1)
* Your answer is incorrect.
Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal
places, e.g. 2.76.)
Average-cost per unit
$
6
per unit
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