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Jeters Company uses a periodic inventory system and reports the following for the month of June. Unit Cost Date June 1 12 23 $5 Explanation

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Jeters Company uses a periodic inventory system and reports the following for the month of June. Unit Cost Date June 1 12 23 $5 Explanation Inventory Purchases Purchases Inventory Units 120 370 200 230 Total Cost $ 600 2,220 1,400 6 7 30 (a1) X Your answer is incorrect. Calculate weighted average unit cost. (Round answer to 3 decimal places, es. 5.125.) Weighted average unit cost 6.124

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