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Coachlight Inc. has a periodic inventory system. The company purchased 270 units of inventory at $16.00 per unit and 440 units at $17.00 per unit.

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Coachlight Inc. has a periodic inventory system. The company purchased 270 units of inventory at $16.00 per unit and 440 units at $17.00 per unit. What is the weighted average unit cost for these purchases of inventory? (Round your final answer to two decimal places.) Multiple Choice $16.62 $16.50 O $17.00 $16.00

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