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Brief Exercise 6-4 In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 165 units at $6,
Brief Exercise 6-4 In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 165 units at $6, (2) 470 units at $7, and (3) 140 units at $8. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost Compute the cost of the ending inventory under the average-cost method, assuming there are 380 units on hand. (Round answer to 0 decimal places, e.g. 1,250.) The cost of the ending inventory $
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