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Hull Companys record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 370 @
Hull Companys record of transactions concerning part X for the month of April was as follows.
| Purchases | Sales | ||||||||
| April 1 | (balance on hand) | 370 | @ | $6.40 | April 5 | 570 | |||
| 4 | 670 | @ | 6.50 | 12 | 470 | ||||
| 11 | 570 | @ | 6.80 | 27 | 1,340 | ||||
| 18 | 470 | @ | 6.80 | 28 | 150 | ||||
| 26 | 870 | @ | 7.20 | ||||||
| 30 | 470 | @ | 7.40 | ||||||
Calculate average-cost per unit.
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
