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In its first month of operations, Oriole Company made three purchases of merchandise in the following sequence: (1) 650 units at $4, (2) 750 units

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In its first month of operations, Oriole Company made three purchases of merchandise in the following sequence: (1) 650 units at $4, (2) 750 units at $6, and (3) 850 units at $7. Oriole uses a periodic inventory system. (a1) Calculate weighted-average unit cost. (Round answer to 3 decimal places, eg. 5.125.) Weighted-average unit cost $

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