Average Cost

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Accounting assignment

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Content

Average Cost
Date

Receipts
Unit

Cost($

Issues

Total($)

Unit

)

Cost($

Balance
Total($)

200

3.50

700

08 MARCH
15 MARCH

17 MARCH

250
300

200

3.20

3.30

27 MARCH

3.10

832.5

660

500
450

3.33

960

21 MARCH
23 MARCH

Cost($

Total($)

100

)
3.00

300

100

3.00

300

200

3.50

700

300

3.33

1000

50

3.33

166.5

50

3.33

166.5

300

3.20

960

350
350

3.22
3.22

1126.5
1126.5

200

3.30

660

550
50

3.25
3.25

1786.5
162.5

50

3.25

162.5

450

3.10

1395

500
150

3.12
3.12

1557.5
468

)

01 MARCH
03 MARCH

Unit

3.25

1625

1395

350

3.12

1092

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