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Thank you! In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2)
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In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Your answer is correct. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 15.225.) Weighted-average unit cost eTextbook and Media Your answer is incorrect. $ Assuming there are 200 units on hand, compute the cost of the ending inventory under the average-cost method. (Round answer to O decimal places, e.g. 1,250.) The cost of the ending inventory $ eTextbook and Media 7.917Step by Step Solution
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