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What is the cost of each item being sold at Elijah baby

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Question - Elijah currently has six strollers that he purchased for $235 each and four cribs that he purchased for $450 each on the floor of his baby supply store. He also has three strollers and two cribs in his storeroom.

Using the weighted average cost method, what is the cost of each item being sold at Elijah's baby supply store?

1. $342.50

2. $364.00

3. $301.15

4. $321.00

Reference no: EM132623360

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