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At May 1, 2020. Coronado Company had beginning inventory consisting of 150 units with a unit cost of $4.40. During May, the company purchased inventory
At May 1, 2020. Coronado Company had beginning inventory consisting of 150 units with a unit cost of $4.40. During May, the company purchased inventory as follows: 800 units at $4.40 650 units at $6.00 The company sold 1180 units during the month for $13 per unit. Coronado uses the average-cost method. Using three decimals for the unit cost, the value of Coronado's inventory at May 31, 2020 is O $7139 O $3010. $2121. O $4190
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