Brief Exercise 6-10 (Part Level Submission)

Hogans Department Store uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below.

Date		Number of Units		Unit Price
May 7		50		$16
July 28		34		22

On June 1, Hogan sold 25 units, and on August 27, 34 more units.

(a)

	Your answer is incorrect. Try again.

Calculate the average cost.(Round answers to 3 decimal places, e.g. 5.125.)

June 1 sale:		$
Aug. 27 sale:		$