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Tamarisk Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a
Tamarisk Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $ 24 per unit. None of this inventory was sold in 2019. Relevant information is as follows. 185 Ending inventory units December 31, 2019 December 31, 2020, by purchase date December 2, 2020 July 20, 2020 185 50 235 During the year 2020, the following purchases and sales were made. Purchases Sales March 15 385 units at $ 29 April 10 285 385 units July 20 at 30 385 August 20 285 units at 34 September 4 235 November 18 185 units December 2 at 36 285 December 12 Calculate price index. (Round answer to 4 decimal places, e.g. 2.7653.) Price Index
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