Ivanhoe Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available.

Ivanhoe Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 320 $35 $ 11,200 April 15 purchase 430 42 18,060 April 23 purchase 250 46 11500 1,000 $40,760 7 (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $