Calculate the issue price per unit for the month of August, 2018 under Periodic Average Price
Method:
Balance on 1-8-19 - 500 units @ 20 per unit, Received on 5-8-19 - 800 units @ 21 per unit,
Received on 17-8-19- 700 units @22 per unit and Received on 28-8-19-600 units @*23 per unit.
(A) 21.125
(B) 21.50
(C) 20.57
(D) 22
Answers
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Explanation:
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