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Rubric, Inc. provided the following inventory transaction summary for May:
In addition, it has been determined that Rubric's inventory at the beginning of the month was $400.00 (200 units) . What was Rubric's cost per unit at the end of May, using the moving average method?
Airfares
The amount charged by airlines for a ticket to travel on an aircraft.
Pension Funds
Investment pools that collect and manage funds contributed by employers and employees for retirement benefits.
Arthur Andersen
A former international accounting firm known for its involvement in the Enron scandal, which led to its downfall and loss of reputation in the accounting industry.
HealthSouth
An American healthcare company known for its operations in facilities offering surgical, diagnostic, rehabilitation, and other healthcare services.
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