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Question 1 In its first month of operations, Bonita Industries made three purchases of merchandise in the following sequence: (1) 390 units at $7,
Question 1 In its first month of operations, Bonita Industries made three purchases of merchandise in the following sequence: (1) 390 units at $7, (2) 490 units at $9, and (3) 590 units at $10. Warning Don't show me this message again for the assignment 0k Cancel Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit $ cost Warning Don't show me this message again for the assignment 0k Cancel Compute the cost of the ending inventory under the average-cost method, assuming there are 290 units on hand at the end of the period. (Round answer to O decimal places, e.g. 125.) The cost of the ending inventory
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