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Question 2 of 8 -/1 In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 350
Question 2 of 8 -/1 In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 350 units at $5, (2) 400 units at $7, and (3) 500 units at $8. Blossom uses a periodic inventory system. Calculate weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125) Weighted average unit cost $ eTextbook and Media Compute the cost of the ending inventory under the average-cost method, assuming there are 250 units on hand at the end of the period. (Round answer to 0 decimal places, e.g. 125.) Cost of the ending inventory $ eTextbook and Media Show All
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