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URCES 01 Brief Exercise 6-04 In its first month of operation, Sheffield Corp, made three purchases of merchandise in the following sequence: (1) 350 units

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URCES 01 Brief Exercise 6-04 In its first month of operation, Sheffield Corp, made three purchases of merchandise in the following sequence: (1) 350 units at $8 (2) 400 units at 39, and ) 500 unts 10 Calculate average unit cost. (Round answer to 3 decimal places, 0.9. 5.125.) 17 Average unit cost 06 Compute the cost of the ending inventory under the average-cout method, assuming there are 250 units on and the end of the period (Round answer to decimal places e.g. 125.) The cost of the ending inventory Study

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