In its first month of operations, Waterway Industries made three purchases of merchandise in the following sequence: $(1)350$ units at

$$6,(2)400$ units at $$8,$ and $(3)500$ units at $$9.$

Your answer is correct.

Calculate average unit cost. $($Round answer to $3$ decimal places, e$.$g$.5\mathrm{.}125.)$

Average unit cost

$

eTextbook and Media

List of Accounts

Your answer is incorrect.

Compute the cost of the ending inventory under the average$-$cost method, assuming there are $250$ units on hand at the end of the

period. $($Round answer to $0$ decimal places, e$.$g$.125.)$

The cost of the ending inventory