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Blossom Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a
Blossom Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $25 per unit. None of this inventory was sold in 2019. Relevant information is as follows Ending Inventory units December 31, 2019 December 31, 2020, by purchase date December 2, 2020 July 20, 2020 127 127 50 177 During the year 2020, the following purchases and sales were made Purchases March 15 327 units at July 20 327 units at September 4 227 units at December 2 127 units at $30 32 36 38 Sales April 10 August 20 November 18 December 12 227 327 177 227 The company uses the periodic inventory method. (a 1) Calculate average-cost per unit. (Round answer to 2 decimal places.ce 276) Average cost $ "Sve for Later Attempts: 0 of 1 used Sun Arme (22) The parts of this question must be completed in order. This part will be available when you complete the part above
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