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Business, 19.10.2021 03:00 blachaze8729

Sarasota Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 71 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 34 $ 9 $ 306 15 Purchase 27 10 270 24 Purchase 39 11 429 Total 100 $ 1,005 Correct answer icon Your answer is correct. Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e. g. 5.125.) Weighted-average unit cost $ Enter the Weighted-average unit cost in dollarsEnter the Weighted-average unit cost in dollars 10.05 eTextbook and Media Incorrect answer icon Your answer is incorrect. Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e. g. 125.)

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Sarasota Corp. uses a periodic inventory system. Its records show the following for the month of May...
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