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Vaclav Company Has the Following Data Available If Vaclav Company Uses a Perpetual Moving-Average Inventory System, the c

Question 45

Multiple Choice

Vaclav Company has the following data available:  Transaction  Units Purchased  Unit Cost  Units Sold  Beginning Inventory 850$30 Oct. 1 Purchase 32532 Oct. 10 Sale 425 Oct. 14 Purchase 45036 Oct. 20 Sale 600 Oct. 22 Purchase 40037 Oct. 29 Sale 525\begin{array} { l c c c } \text { Transaction } & \text { Units Purchased } & \text { Unit Cost } & \text { Units Sold } \\\text { Beginning Inventory } & 850 & \$ 30 & \\\text { Oct. 1 Purchase } & 325 & 32 & \\\text { Oct. 10 Sale } & & & 425 \\\text { Oct. 14 Purchase } & 450 & 36 & \\\text { Oct. 20 Sale } & & & 600 \\\text { Oct. 22 Purchase } & 400 & 37 & \\\text { Oct. 29 Sale } & & & 525\end{array}
If Vaclav Company uses a perpetual moving-average inventory system, the cost of ending inventory on October 31 is ________. (Round average cost per unit to four decimal places and all other numbers to two decimal places.)


A) $34,357.48
B) $16,319.81
C) $50,580.19
D) $66,900.00

Correct Answer:

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