Question 1 In its first month of operations, Mdanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Your answer is incorrect. Try again. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost 7.92 SHOW LIST OF ACCOUNTS LINK TO TEXT X] your answer is incorrect. Try again. Compute the cost of the ending inventory under the average cost method, assuming there are 200 units on hand at the end of the period. (Round answer to o decimal places, e..125.) The cost of the ending inventory 1584 Click if you would like to Show Work for this question Open Show Work