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Jeters Company uses a periodic inventory system and reports the following for the month of...

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Jeters Company uses a periodic inventory system and reports the following for the month of June. Date Units Unit Cost $5 June 1 120 Explanation Inventory Purchases Purchases Inventory Total Cost $ 600 2.220 1,400 12 370 6 23 200 7 30 230 (a1) Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $

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