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In its first month of operations, Oriole Company made three purchases of merchandise in the following sequence: (1) 650 units at $4, (2) 750 units

In its first month of operations, Oriole Company made three purchases of merchandise in the following sequence: (1) 650 units at $4, (2) 750 units at $6, and (3) 850 units at $7. Oriole uses a periodic inventory system.

Weighted average unit cost=??

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