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Question Crane Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold.
Question Crane Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 32 $8 $256 15 Purchase 25 9 225 24 24 Purchase 43 10 10 Total 100 430 $911 (a1) Calculate the weighted-average unit cost. (Round answer to 3 decimal places, eg. 5.125) Weighted-average unit cost 58F 1244 PM 10/9/200
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
