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Pearl Inustries uses a periodic inventory system and reports the following for the month of June Date Explanation Units Unit Cost Total Cost 6/1 Inventory

Pearl Inustries uses a periodic inventory system and reports the following for the month of June

Date Explanation Units Unit Cost Total Cost
6/1 Inventory 130 $5 $650
12 Purchases 370 6 2,220
23 Purchases 220 7 1,540
30 Inventory 240

Calculate the weighted average unit cost.

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