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. 2. Your answer is incorrect. Calculate weighted-average unit cost. (Round onswer to 3 decimal places, es.5.125.) Weighted-average unit cost $ eTextbook and Media Yfinganswer 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, es. 125.) Cost of the ending inventory $