Use the information below to answer questions .

Aug. 1 Received 20 units at N60 each

Aug. 6 Received 20 units at N68 each

Aug. 10 Issued 16 units

Aug. 20 Received 40 units at N80 each

Aug. 31 Issued 48 units

Using the simple average method, what is the cost per unit of the closing stock?

• A N80
• B N74
• C N64
• D N60