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Larkspur, Inc., uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Date May

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Larkspur, Inc., uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Date May 1 15 Explanation Inventory Purchase Purchase Total Units 34 26 Unit Cost $9 Total Cost $306 260 440 10 24 40 11 100 $1.006 (a) Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $

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