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Assume Fairprice.com began June with 12 units of inventory that cost a total of $180. During June, Fairprice.com purchased and sold goods as follows: Jun.
Assume Fairprice.com began June with 12 units of inventory that cost a total of $180. During June, Fairprice.com purchased and sold goods as follows: Jun. 8 14 22 27 Purchase Sale Purchase Sale 36 units @ $16 30 units @ $32 24 units @ $18 36 units @ $32 Suppose Fairprice.com used the weighted average inventory costing method and the perpetual inventory system. Compute the weighted average unit cost of the company's inventory on hand at June 8. Round weighted-average unit cost to the nearest cent. June g. Procenten O A. $17.00 O B. $15.50 C. $15.75 OD. Cannot be determined from the data given
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