Oriole Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye.

Date		Transaction		Quantity		Price/Cost
1/1		Beginning inventory		3,000		$18
2/4		Purchase		4,000		27
2/20		Sale		4,500		44
4/2		Purchase		5,000		34
11/4		Sale		4,200		49

(a)

Calculate average-cost per unit. (Round answer to 4 decimal places, e.g. 2.7613.)

Average-cost per unit

$