9 the following data on materials purchases and

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20 Received 500 ? 25 Issued 1250 2.40
10. ABC produces and sells a single item of product. Inventory at the beginning of September was 400 units valued at P1.80 per unit. Further receipts and sales during the month were as follows: Septembe r Units Cost per unit 8 Received 600 2.10
What was the cost per unit of the 500 units received on September 20?
9. The following data on materials purchases and issues during the month of April were reported: April 1 Beginning 400 units at P6 5 Received 100 units at P7 11 Received 100 units at P8 13 Issued 400 units at P6 15 Received 200 units at P6 22 Issued 250 units 27 Returned to storeroom 50 units 30 Received 300 units at P9 Assuming that the company used perpetual inventory system, the total quantity and cost of materials purchased for the month of April should be: a. 700 units at P5,800 c. 700 units at P5,400 b. 700 units at P5,810 d. 700 units at P6,200

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