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In its first month of operations, Weatherall company made three purchases of merchandise in the following sequence: (1) 200 units at $7, (2) 430 units

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In its first month of operations, Weatherall company made three purchases of merchandise in the following sequence: (1) 200 units at $7, (2) 430 units at $8, and (3) 120 units at $9. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.2s.) Compute the cost of the ending inventory under the average-cost method, assuming there are 370 units on hand. (Round answer to 0 decimal places, e.g. 1.250.) The cost of the ending inventory

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