Use the information to answer this question Date.............Details..............

Question

Use the information to answer this question

Date.............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 units

Calculate the price per unit of closing stock using the periodic weighted average method.

Options

D)

₦2.00