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In its first month of operations, Crane Company made three purchases of merchandise in the following sequence: ( 1 ) 3 5 0 units at

In its first month of operations, Crane Company made three purchases of merchandise in the following sequence: (1)350 units at $6,(2)400 units at $7, and (3)250 units at $8.
(a)
Calculate the average unit cost. (Round answer to 2 decimal places, e.g.15.25.)
Average unit cost
$
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