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In its first month of operations, Weatherall Company made three purchases of merchandise in the following sequence:(1) 180 units at $7, (2) 480 units at

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In its first month of operations, Weatherall Company made three purchases of merchandise in the following sequence:(1) 180 units at $7, (2) 480 units at $8, and (3) 110 units at $9. Calculate the average unit cost. Average unit cost $ Compute the cost of the ending inventory under the average-cost method, assuming there are 370 units on hand. The cost of the ending inventory $

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