In its first month of operations, Wildhorse Company made three purchases of merchandise in the following sequence: (1) 350 units at $3, (2) 400 units at $5, and (3) 500 units at $7. Wildhorse uses a periodic inventory system. (a1) Your answer is incorrect. Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 5.159 27

In its first month of operations. Wildharse Company made thee purchases of merchandise in the following sequence: (1) 350 Lnits at \$3, (2) 400 units at 55 . and (3) sot usits at $7, Wildhorse uses a periodicimentorysntem (a1) 6. Vour answer is inctarect. Calculate weithted aver age unit cost. \{Round ontwer to 3 decimal ploces 615125 . Weighed-anerapt initcost