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In his first month of operations, Pharoah Company made three purchases of merchandise in the following sequence: ( 1 ) 6 5 0 units at
In his first month of operations, Pharoah Company made three purchases of merchandise in the following sequence: units at $ units at units at $ Pharoah uses a periodic invetory system.
Calculate weightedaverage unit cost.
Weightedaverage unit cost $
Compute the cost of the ending inventory under the averagecost method, assuming there are units on hand at the end of the period.
Cost of the ending inventory $
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