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Coronado Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost

Coronado Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available.

Units

Unit Cost

Total Cost

April 1 inventory

330 $22 $ 7,260

April 15 purchase

380 26 9,880

April 23 purchase

290

29

8,410

1,000

$25,550

(a)

Correct answer iconYour answer is correct.

Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)

Weighted average cost per unit

$enter weighted average cost per unit in dollars rounded to 2 decimal places

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(b)

Incorrect answer iconYour answer is incorrect.

Compute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 2,760.)

Ending inventory

$enter the ending inventory in dollars rounded to 0 decimal places

Cost of goods sold

$enter the cost of goods sold in dollars rounded to 0 decimal places

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