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On May 1 , Blossom Company had beginning inventory consisting of 3 0 6 units with a unit cost of $ 7 . During May,
On May Blossom Company had beginning inventory consisting of units with a unit cost of $ During May, the company
purchased inventory as follows:
units at $
units at $
The company sold units during the month for $ per unit. Blossom uses the averagecost method. Assuming that a periodic
inventory system is used, Blossom's gross profit for the month of May is Round average cost per unit to decimal places, eg
$
$
$
$
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