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A company reports the following merchandise purchases and sales for the month of May. Units sold at RetailDate May 1 May 5 May 1 0

A company reports the following merchandise purchases and sales for the month of May. Units sold at RetailDate May 1 May 5 May 10 May 20 May 25 Activities Purchase Purchase Sales Purchase Sales Units Acquired at Cost 220 units 515=\$3,300350 units \$18=\$6,300368 units 50430 units @ 522=\$9,460432 units $50 There was no beginning inventory . If the company uses the weighted average periodic method , what would be the cost of ending inventory ? Note: Round average cost per unit to two decimal places.

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