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In its first month of operations, Pharoah.Company made three purchases of merchandise in the following sequence: (1) 350 units at $8, (2) 400 units at

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In its first month of operations, Pharoah.Company made three purchases of merchandise in the following sequence: (1) 350 units at $8, (2) 400 units at $9, and (3) 500 units at $10. Pharoah uses a periodic inventory system. (a1) Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $

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