You are provided with the following information for Lily Inc. for the month ended June 30, 2022. Lily uses the periodic method for inventory system. Date Description Quantity Unit Cost or Selling Price June 1 Beginning inventory 40 $34 June 4 Purchase 135 37 June 10 Sale 110 60 June 11 Sale return 15 60 June 18 Purchase 55 40 June 18 Purchase return 10 40 June 25 Sale 54 65 June 28 Purchase 35 43 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.225.) Weighted-average unit cost $Enter the weighted-average cost per unit in dollars

You are provided with the following information for Lily Inc. for the month ended June 30, 2022. Lily uses the periodic method for inventory system. Date Description Quantity Unit Cost or Selling...

You are provided with the following information for Lily Inc. for the month ended June 30, 2022. Lily uses the periodic method for inventory system.

Calculate weighted-average unit cost.
(Round answer to 3 decimal places, e.g. 5.225.)

Weighted-average unit cost

$Enter the weighted-average cost per unit in dollars

Jun 03, 2022