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Pharoah Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 68 units were sold. Date
Pharoah Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 68 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 35 $9 $315 15 Purchase 25 10 250 24 Purchase 40 11 440 Total 100 $1,005 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost eTextbook and Media $
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
