Question 2 Some of the information found on a detail inventory card for Ivanhoe Inc. for the first month of operations is as follows. Received Issued No. of Units Balance, Date No. of Units Unit Cost No. of Units 1,700 500 1,600 600 1,300 200 2,000 700 2,800 1,000 January 2 1,700 $3.39 1,200 10 13 18 20 23 26 28 31 1,100 3.62 1,000 800 1,100 1,500 3.73 1,800 3.84 1,300 2,100 3.96 1,800 Your answer is correct. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)