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In its first month of operations, Pharoah Company made three purchases of merchandise in the lollowing sequence: ( 1 ) 6 5 0 units at
In its first month of operations, Pharoah Company made three purchases of merchandise in the lollowing sequence: units at $ units at $ and units at $ Pharoah uses a periodic inventory system.
Your answer is correct.
Calculate weightedaverage unit cost. Round answer to decimal places, eg
Weightedaverage unit cost $
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Compute the cost of the ending inventory under the averagecost method, assuming there are units on hand at the end of the period. Round answer to decimal places, eg
Cost of the ending inventory
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