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In its first month of operations, Pharoah Company made three purchases of merchandise in the following sequence: (1) 155 units at $10, (2) 560 units
In its first month of operations, Pharoah Company made three purchases of merchandise in the following sequence: (1) 155 units at $10, (2) 560 units at $11, and (3) 135 units at $12. (a1) Your answer is correct. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost $ eTextbook and Media (a2) 10.976 The cost of the ending inventory $ Attempts: 1 of 3 used Assuming there are 300 units on hand, compute the cost of the ending inventory under the average-cost method. (Round answer to O decimal places, e.g. 1,250.)
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