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Current Attempt in Progress In its first month of operations. Pharoah Company made three purchases of merchandise in the following sequence: (1) 350 units at

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Current Attempt in Progress In its first month of operations. Pharoah Company made three purchases of merchandise in the following sequence: (1) 350 units at $8, (2) 400 units at $9, and (3) 500 units at $10. Pharoah uses a periodic inventory system. (a) Calculate weighted-average unit cost. (Round answer to 3 decimal ploces, eg. 5.125.) Weighted-average unit cost \$ Compute the cost of the ending inventory under the average-cost method, assuming there are 250 units on hand at the end of the period. (Round answer to 0 decimal places, e.g.125.) Cost of the ending inventory

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