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In the first month of operations, Swifty Company made three purchases of merchandise in the following sequence: (1) 350 units at $6, (2) 440 units

In the first month of operations, Swifty Company made three purchases of merchandise in the following sequence: (1) 350 units at $6, (2) 440 units at $7, and (3) 210 units at $8

(A) Calculate the average unit cost

Average unit Cost:

(B) Compute the cost of the ending inventory under the average-cost method, assuming there are 350 units on hand.

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