Average Corp.purchased inventory as follows: March 3 300 units at $9
March 4 200 units at $10
March 7 100 units at $11
On March 5, Average sold 400 units for $17 each.The average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A)$9.40.
B)$9.50.
C)$9.67.
D)$17.00.

Question

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The Answer of Average Corp.purchased inventory as follows: March 3 300 units at $9
March 4 200 units at $10
March 7 100 units at $11
On March 5, Average sold 400 units for $17 each.The average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is
A)$9.40.
B)$9.50.
C)$9.67.
D)$17.00.