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Current Attempt in Progress In its first month of operations, Sheridan Company made three purchases of merchandise in the following sequence: (1) 200 units

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Current Attempt in Progress In its first month of operations, Sheridan Company made three purchases of merchandise in the following sequence: (1) 200 units at $5, (2) 300 units at $7, and (3) 400 units at $8. Sheridan uses a periodic inventory system. Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ eTextbook and Media Compute the cost of the ending inventory under the average-cost method, assuming there are 100 units on hand at the end of the period. (Round answer to O decimal places, e.g. 125.) Cost of the ending inventory eTextbook and Media

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