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X Your answer is incorrect. The following inventory transactions took place for Blossom Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date

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X Your answer is incorrect. The following inventory transactions took place for Blossom Ltd. for the year ended December 31, 2020: Cost/ Selling Price Date Event Quantity Jan 1 opening inventory 20,020 $44.85 Jan 5 sale 6,000 75.00 Feb 15 purchase 34,900 41.25 Mar 10 purchase 10,100 48.00 May 20 sale 41,900 75.00 Aug 22 purchase 14,100 43.70 Sep 12 sale 20,100 75.00 Nov 24 purchase 10,100 49.45 Dec 5 sale 15,800 75.00 Calculate the ending inventory balance for Blossom Ltd., assuming the company uses a perpetual inventory system and the moving- average cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, e.g. 52.75 and ending inventory to O decimal places, e.g. 5,275.) $ Ending inventory 239225 Unit cost of the last item sold $ 697370.60

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