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Ello Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost
Ello Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost = $12), 2/4 - Purchase (Quantity 2,000 - Price/Cost = $18), 2/20 - Sale (Quantity 2,500 - Price/Cost = $30), 4/2 - Purchase (Quantity 3,000 - Price/Cost = $23) 11/4 - Sale (Quantity 2,200 - Price/Cost = $33) Instructions: calculate the weighted average cost per unit
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