Calculate the value of unit of a in the warehouse

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Question - ASAP - The company Beta uses weighted average for inventories (under IFRS). In the company the weighted average is calculated on continuous basis. There are know following information:

a. at the beginning of May your company has 1980 units of good A measured at 2760 PLN/unit.

b. on May 4th your company purchased 3210 units of good A at 3260 PLN/unit.

c. on May 14th your company sold 3230 units of good A at 5240 PLN/unit. The amount 5240 PLN is selling price of one unit of A.

d. on May 28th your company purchased additional 1470 of A at 2740 PLN/unit.

Calculate the value of 1 unit of A in the warehouse at the end of the month.

Reference no: EM133043532

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