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Culver Corporation reports the following for the month of June. Units Unit Cost Date June 1 12 117 Explanation Inventory Purchases Purchases Inventory 404 211
Culver Corporation reports the following for the month of June. Units Unit Cost Date June 1 12 117 Explanation Inventory Purchases Purchases Inventory 404 211 245 Total Cost $ 585 2,424 1,477 7 30 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO SIMILAR EXERCISE Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round answers to o decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory s The cost of goods sold
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