Question: Question 3 View Policies Current Attempt in Progress In its first month of operations, Sheffield Corp. made three purchases of merchandise in the following sequence:

 Question 3 View Policies Current Attempt in Progress In its first

Question 3 View Policies Current Attempt in Progress In its first month of operations, Sheffield Corp. made three purchases of merchandise in the following sequence: (1) 155 units at $8 (2) 600 units at $9 and (3) 105 units at $10. Calculate the weighted average unit cost. (Round answer to 2 decimal places, es 15.25) Weighted average unit costs e Textbook and Media 1,250) Compute the cost of the ending Inventory under the average cost method, assuming there are 250 units on hand. (Round answer to decimal places, The cost of the ending Inventory $

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