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Debra King Company was formed on December 1, 2019. The following information is available from Kings inventory records for Product BAP. Units Unit Cost January

Debra King Company was formed on December 1, 2019. The following information is available from Kings inventory records for Product BAP.

Units

Unit Cost

January 1, 2020 (beginning inventory) 1,740 $ 8
Purchases:
January 5, 2020 3,480 9
January 25, 2020 3,770 10
February 16, 2020 2,320 11
March 26, 2020 1,740 12

A physical inventory on March 31, 2020, shows 4,640 units on hand.

Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)

Weighted average-cost per unit

$

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