Use the information below to answer this question.Jejelaye Plc stock records for 2009 was given below:Jan 1 received 100 units at ₦1.00Jan 8 received 260 un...

Use the information below to answer this question.Jejelaye Plc stock records for 2009 was given below:Jan 1 received 100 units at ₦1.00Jan 8 received 260 units at ₦1.05Jan 20 issued 700units at .........Feb 3 received 400 units at ₦1.15What will be the issued price of 700 units, using simple average method

Answer Details

simple average method usually add up all receipt prices ahead of the issued material divided by 2