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In its first month of operations,Wildhorse Co.made three purchases of merchandise in the following sequence: (1)200units at $5, (2)300units at $7, and (3)400units at $8.

In its first month of operations,Wildhorse Co.made three purchases of merchandise in the following sequence: (1)200units at $5, (2)300units at $7, and (3)400units at $8.

Calculate average unit cost.

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