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In its first month of operations, Weatherall Company made three purchases of merchandise in the following sequence: (1) 160 units at $9, (2) 400 units
In its first month of operations, Weatherall Company made three purchases of merchandise in the following sequence: (1) 160 units at $9, (2) 400 units at $10, and (3) 140 units at $11. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost Compute the cost of the ending inventory under the average-cost method, assuming there are 350 units on hand. (Round answer to 0 decimal places, e.g. 1, 250.) The cost of the ending inventory
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