In its first month of operations, Coronado Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 500 units at $7, and (3) 200 units at $8. (a) Your answer is correct. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost $ eTextbook and Media Solution Attempts: 2 of 3 used (b) Compute the cost of the ending inventory under the average-cost method, assuming there are 400 units on hand. (Round answer to 0 decimal places, e.g. 1,250.) The cost of the ending inventory $