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Business, 27.03.2020 23:11 myanniespencer39

In its first month of operations, Cisler Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period.

Calculate average unit cost. (Round answers to 3 decimal places, e. g. 5.125.) Average unit cost $

Compute the cost of the ending inventory under the average-cost method, assuming there are 550 units on hand at the end of the period.

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