Collins O'Quinn
10/01/2023 · Elementary School
Under the average - cost inventory method, to determine the average cost per unit: A. the cost of purchases for the period are divided by the number of units available. B. the cost of beginning inventory is divided by the number of units available. C. the cost of beginning inventory plus the cost of purchases is divided by the number of units available. D. the cost of beginning inventory plus the cost of purchases is divided by the number of units sold.
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The average cost per unit is found by adding the cost of beginning inventory and purchases, then dividing by the total units available.
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