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) Your answer is correct. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost $ (b) eTextbook and Media 7.90 The cost of the ending inventory $ Attempts: 2 of 4 used Compute the cost of the ending inventory under the average-cost method, assuming there are 350 units on hand. (Round answer to O decimal places, e.g. 1,250.)
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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) Your answer is correct. Calculate the average unit cost. (Round answer to 2 decimal ploces eg. 15.25.) Average unit cost eTextbook and Media Attempts: 2 of 4 used (b) Compute the cost of the ending liventory under the average-cost method, assuming there are 350 units on hand (Round answer to Odecimal ploces, es 1250. The cost of the ending inventory

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