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Assume that J-Mart uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the average cost per unit on hand as of June 8 when it made its first sale.

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chilljain33

The average cost per unit on hand for J-Mart as of June 8 when it made its first sale will be $13.50 per unit.

What is the average cost per unit?

The result of total costs divided by the total number of units is the average cost per unit. It can be calculated using the given information and formula as below,

[tex]\rm Average\ Cost\ per\ Unit= \dfrac{Total\ Purchase\ Cost}{Total\ No.\ of\ Units}\\\\\rm Average\ Cost\ per\ Unit= \dfrac{120+150}{20}\\\\\rm Average\ Cost\ per\ Unit= \$13.50[/tex]

Hence, option A holds true regarding average cost per unit. The complete question has been added for reference.

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