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What the moving average cost per unit at the beginning

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Question - Ward Hardware had an inventory of 1,500 hammers valued at $5.00 each to begin the month. Ward sold 800 hammers on the 15th of the month and purchased 2,800 hammers on the last day of the month at $5.80 each.

Required - What the moving average cost per unit at the beginning of the next month?

Reference no: EM133170183

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