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In its first month of operations, Cullumber Company made three purchases of merchandise in the following sequence: (1) 350 units at $4,(2) 400 units
In its first month of operations, Cullumber Company made three purchases of merchandise in the following sequence: (1) 350 units at $4,(2) 400 units at $6, and (3) 500 units at $7. Cullumber uses a periodic inventory system. (a1) x Your answer is incorrect. Calculate weighted-average unit cost. (Round answer to 3 decimal places, eg 5.125) Weighted-average unit cost $ 73.529
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