A hospital was out of juice at the end of September. They bought 200 cases on Oct. 1 at $10.00 each. and 200 more cases on Nov. 1 for $12.00 each. There were 100 cases left at the end of Oct. What would be first case expensed on Nov. 2 using the average costing method?

To determine the cost of the first case expensed on November 2nd using the average costing method, we need to calculate the average cost per case based on the purchases made in October and November.

Let's break down the information given:

1. At the end of September, the hospital was out of juice.
2. On October 1st, they bought 200 cases at $10.00 each, totaling $2000.
3. On November 1st, they bought another 200 cases at $12.00 each, totaling $2400.
4. There were 100 cases left at the end of October.

To calculate the average cost per case, we need to add up the total amount spent on all purchases and divide it by the total number of cases:

Total cost = ($2000 + $2400) = $4400
Total cases = (200 + 200 + 100) = 500

Average cost per case = Total cost / Total cases
Average cost per case = $4400 / 500 = $8.80

Therefore, using the average costing method, the first case expensed on November 2nd would be valued at $8.80.