Use the information to answer this questionDate.............Details........................ Feb........1 Purchased 400 units at ₦1.00 each ,, ........5 Purc...

Question 1 Report

Use the information to answer this questionDate.............Details........................

Feb........1 Purchased 400 units at ₦1.00 each

,, ........5 Purchased 200 units at ₦2.00 each

,,.........10 Purchased 200 units at ₦300 each

,, .........15 Issued 320 units

,,..........20 Issued 200 units at ₦4,00 each

,,..........25 Issued 120 unitsCalculate the price per unit of closing stock using the periodic weighted average method.

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