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What the cost of each item being sold is

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Michael owns a hair salon and needed to compute his inventory. He had 750 hair brushes on the floor and another 400 in the storeroom. He also had 25 hair dryers on the floor and 10 in the storeroom. Each hair brush costs $9 and each hair dryer costs $300.

Question 1: Using the weighted average cost method, the cost of each item being sold is _________.

a.) $9.13

b.) $154.50

c.) $295.71

d.) $17.59

Reference no: EM132592879

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