In its first month of operations, Weatherall Company made three purchases of merchandise in the following sequence: (1)200units at $7, (2)430units at $8, and (3)120units at $9.

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

Average unit cost$

Compute the cost of the ending inventory under the average-cost method, assuming there are370units on hand.(Round answer to 0 decimal places, e.g. 1,250.)

The cost of the ending inventory$