Coachlight Inc. has a periodic inventory system. The company purchased 285...
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Accounting
Coachlight Inc. has a periodic inventory system. The company purchased 285 units of inventory at $17.50 per unit and 470 units at $18.50 per unit. What is the weighted average unit cost for these purchases of inventory? (Round your final answer to two decimal places.)
A. $17.50
B. $18.50
C. $18.00
D. $18.12
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