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What is the unit cost of light fixtures if adam implements

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Reference no: EM132817133

Adam has 40 T-8 light fixtures that he purchased for $12 each and 240 T-5 light fixtures that he purchased for $16 each on the floor of his lighting supply store. He also has 80 T-8 fixtures and 120 T-5 fixtures in his warehouse.

Problem 1: What is the unit cost of the light fixtures if Adam implements the weighted average inventory valuation method?

Option 1: $15.00
Option 2: $16.00
Option 3: $13.00
Option 4: $12.00

Reference no: EM132817133

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