[The following information applies to the questions displayed below.] The inventory records for Radford Co. reflected the following:Beginning inventory @ May 1100 units @ $4.00First purchase @ May 7300 units @ $4.40Second purchase @ May 17500 units @ $4.60Third purchase @ May 23100 units @ $4.80Sales @ May 31900 units @ $7.80If the company uses the weighted-average inventory cost flow method, what is the average cost per unit (rounded) for May?
A. $4.50
B. $4.45
C. $6.34
D. $5.12
Answer: A
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Fill in the blanks with correct word
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What will be an ideal response?