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In its first month of operations, Coronado Company made three purchases of merchandise in the...

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In its first month of operations, Coronado Company made three purchases of merchandise in the following sequence: (1) 300 units at $7,(2)500 units at $8, and (3) 200 units at $9. (a) Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost $

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