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In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 500 units at $6, (2) 600 units

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In its first month of operations, Blossom Company made three purchases of merchandise in the following sequence: (1) 500 units at $6, (2) 600 units at $7, and (3) 700 units at $9. Blossom uses a periodic inventory system. 6 Your answer is incorrect: Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ Compute the cost of the ending inventory under the average-cost method, assuming there are 400 units on hand at the end of the period. (Round answer to 0 decimal places, e. . 125.) Cost of the ending inventory

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