In its first month of operations, Lily Company made three purchases of merchandise in the following sequence: (1) 350 units at $6, (2) 450 units at $7, and (3) 200 units at $8. Lily uses the periodic inventory system.

Calculate the weighted-average unit cost. (Round answer to 2 decimal places, e.g. 15.25.)

Compute the cost of the ending inventory under the average-cost method, assuming there are 360 units on hand. (Round answer to 0 decimal places, e.g. 1,250.)