Question: Question 1 View Policies Current Attempt in Progress In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence:

 Question 1 View Policies Current Attempt in Progress In its first

Question 1 View Policies Current Attempt in Progress In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 350 units at $5, (2) 400 units at $7, and (3) 500 units at $8. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost $ e Textbook and Media List of Accounts Compute the cost of the ending inventory under the average-cost method, assuming there are 250 units on hand at the end of the period. (Round answer to 0 decimal places, eg. 125.) The cost of the ending inventory $ eTextbook and Media List of Accounts Attempts: 0 of 6 used

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