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In its first month of operations. Vaughin Company made three puirchases of merchandlse in the following sequence: (1) 340 units at 56 , (2) 410

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In its first month of operations. Vaughin Company made three puirchases of merchandlse in the following sequence: (1) 340 units at 56 , (2) 410 units at 57, and (3) 250 units at $8. (a) Caiculate the average unit cost, (Round answer to 2 decimal places, es. 15.25) Average unit cost Compute the cost of the ending imventory under the average-cost method, assuming there are 400 units on hand. (Round answer to Odecimal ploces, es 1,250 The cost of the ending inventory

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