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Transactions for the month of June were Purchases Sales June 1 (balance) 3120 @ $3.10 June 2 2330 @ $5.60 8740 @ 3.00 3 6 631

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Answer #1

Calculation of Average Cost Per Unit: = (3120x$3.10)+(8740x$3)+(4760x$3.20)+(7290x$3.30)+(1990x$3.40)/(3120+8740+4760+7290+19

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