CALIX Systems sell telecommunication equipment to internet p…
CALIX Systems sell telecommunication equipment to internet providers. During 2025, the company reported the following activity related to inventory: Beginning Inventory 3,000 units at $16.67/unit Purchased 9,000 units at $14.44/unit Units on hand remaining at year end 4,000 units Cost of Goods Sold using the average-cost method would be (round average-cost per unit to two decimal places):