Question: American Widgets Co. has the following layers of inventory: Beginning inventory: 500 @ $1 = $500 Jan. purchase: 200 @ $2 = $400 Mar. purchase:

American Widgets Co. has the following layers of inventory:

Beginning inventory: 500 @ $1 = $500

Jan. purchase: 200 @ $2 = $400

Mar. purchase: 200 @ $3 = $600

What is the average cost per unit after a completed sale on February 14th?

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