Using the figures below from Draco Company, what is the average cost per unit? (Round the average cost per unit to nearest cent)
DateUnits
Cost per unit
Beginning inventory, Jan. 1260
$3.25
Purchase, April 18120
$3.90
Purchase, August 1960
$2.80
Purchase, December 20160
$3.50
What will be an ideal response?
$3.40
Business
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