Question 4 Company ABC divides its inventory into three different groups. Group 1 has 350 units and
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Question 4
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the
price per unit is $12. Group 2 has 200 units and the price per unit is $20. Group 3 has 900 units
and the price per unit is $2.5. The purchase price for all units was $9,000. Determine the cost per
unit for each group. Use the relative sales value method.
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